Presented below is information for Pina Company. 1. Beginning-of-the-year Accounts Receivable balance was $22,500. 2. Net sales (all on account) for the year were $107,600. Pina does not offer cash discounts. 3. Collections on accounts receivable during the year were $82,000. (a) Prepare (summary) journal entries to record the items noted above. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit