Pachel Corporation reports the following information pertaining to its accounts receivable: Days Past Due Current 1-30 31-60 61-90 Over 90 $ 60,000 $ 40,000 $ 25,000 $ 12,000 $ 2,000 The company's credit department provided the following estimates regarding the percent of accounts expected to eventually be written off from each category listed above: Current receivables outstanding Receivables 130 days past due Receivables 31-60 days past due Receivables 61-90 days past due Receivables over 90 days past due 2 % 4 16 40 90 The company uses a statement of financial position approach to estimate credit losses. a. Record the company's impaiment loss of receivable, assuming it has a $1,400 credit balance in its Allowance for Impairment prior to making the necessary adjustment. (Omit the "S" sign in your response.) General Journal Debit Credit (Click to select) (Click to select) b. Record the company's impairment loss of receivable, assuming it has a $1,600 debit balance in its Allowance for Impairment prior to making the necessary adjustment. (Omit the "S" sign in your response.) General Journal Debit Credit (Click to select) (Click to select)