Pachel Corporation reports the following information pertaining to its accounts receivable. The company's credit department provided the following estimates regarding the percent of accounts expected to eventually be written off from eoch category listed. The company uses a statement of financial position approach to estimate credat losses. a. Pecord the company's impaiment loss of receivable, assuming it has a $1.400 credit balance in its Allowance for Impaiment Accounts prior to making the necessary adjustment. b. Without regard to your answer to part a, record the company's impairment loss of recelvable, assuming it has a $1,600 debit balance in its Allowance for impoirment Accounts prior to making the necessary adjustment. Complete this question by entering your answers in the table below. Record the company's impairment loss of feceivable, aswuming it has a 51,400 credit balonce in its Jllowance for impaifment accounts prior to making the necessary adjustment. (If no entry is requled for a transacton/event- seiect "No loumal entry reoule ot in the fiest