Perform the following accounting for the receivables of Laksmana and Li, a CPA firm, at December 31, 2016. Requirements Set up T-accounts and start with the beginning balances for these T-accounts: Accounts Receivable, $303,000 Allowance for Uncollectible Accounts. $26,000 Post the following 2016 transactions to the T-accounts: Service revenue of $1, 978,000, all on account Collections on account, $2, 010,000 Write-offs of uncollectible accounts. $29,000 Uncollectible-account expense (allowance method). $35,000 What are the ending balances of Accounts Receivable and Allowance for Uncollectible Accounts? Show how Laksmana and Li will report accounts receivable on its balance sheet at December 31.2016