Pachel Corporation reports the following information pertaining to its accounts receivable: Current $ 60,000 1-30 $ 40,000 Days Past Due 31-60 61-90 $25,000 $12,000 Over 90 $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: 2% Current receivables outstanding Receivables 1-30 days past due Receivables 31-60 days past due Receivables 61-90 days past due Receivables over 90 days past due 16 40 90 The company uses a statement of financial position approach to estimate credit losses. a. Record the company's impairment 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.) Debit Credit General Journal (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.) Debit Credit General Journal (Click to select) (Click to select)