Prior to recording the following. Elite Electronics, Incorporated, had a credit balance of $2.200 in its Allowance for Doubtful Accounts a. On August 31, a customer balance for $320 from a prior year was determined to be uncollectible and was written oft b. On December 15, the customer balance for $320 writen off on August 31 was collected in full Required: For each transaction listed above, Indicate the amount and direction (tor) of effects on the financial statement accounts and on the overall accounting equation. Hint: On December 15th, first reinstate the Accounts receivable and then record the collection of cash (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) Assets Llabilities Stockholders' Equity (1) (1) (2)