Pool Corporation, Incorporated, is the world's largest wholesale distributor of swimming pool supplies and equipment. Pool Corporation reported the following information related to bad debt estimates and write-offs for a recent year. Required: 1. Prepare journal entries for the bad debt expense adjustment and total write-offs of bad debts for the current year. 2. Pool Corporation reduces net sales by the amount of sales returns and allowances, cash discounts, and credit card fees. Bad debt expense is recorded as part of selling and administrative expense. Assume that gross sales revenue for the month was $141,256, bad debt expense was $226, sales discounts were $1,374, sales returns were $1,016, and credit card fees were $2,16 What amount would Pool Corporation report for net sales for the month? Prepare journal entries for the bad debt expense adjustment and total write-offs of bad debts for the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record entry for estimated bad debts. Note: Enter debits before credits. Pool Corporation reduces net sales by the amount of sales returns and allowances, cash discounts, and credit card fees. Bad debt expense is recorded as part of selling and administrative expense. Assume that gross sales revenue for the month was $141,256, bad debt expense was $226, sales discounts were $1,374, sales returns were $1,016, and credit card fees were $2,169. What amount would Pool Corporation report for net sales for the month