P7.6 (LO 3), AP At December 31, 2021, Suisse Imports reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $600,000 37,000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2,500,000 50,000 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 2,200,000 41,000 Instructions a. Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Allowance for Doubtful Accounts, Revenue, and Expense. Enter the January 1, 2022, balances in Accounts Receivable and Allowance for Doubtful Accounts. b. Record transactions 1 through 4. (Omit recording cost of goods sold.) b. A/R bal. $809,000 c. Record bad debt expense for 2022, assuming that aging the accounts receivable indicates that estimated bad debts are $46,000. d. Indicate how accounts receivable and the allowance for doubtful accounts will be reported on the December 31, 2022, balance sheet