Problem 8-2 Sally sold $3,000,000 worth of stuff during the year (all on account). Her beginning balance in Accounts Receivable was $200,000 and her beginning credit balance in Allowance for Doubtful Accounts was $6,000. During the year she collected $2,800,000 on her receivables, and wrote off $9,000. She estimates that 4% of her receivables at any one time will not be collectable. Prepare all journal entries for the year related to the receivables (including any year end adjustment).