Q. 1(14 marks) On December 31, 2021, Yeung Roofing had an accounts receivable balance of $897,000 and a credit balance in its allowance for doubtful accounts of $24,000. During 2022, Yeung Roofing had $1,500,000 of credit sales, collected $925,000 of accounts receivable, and wrote off $65,00 of accounts receivable as uncollectible. At year-end, an aging analysis indicated that $38,000 of receivables would be uncollectible. Required: 1. Calculate Yeung Roofing's balance in accounts receivable on December 31, 2022, prior to adjustment 2. Calculate Yeung Roofing's balance in allowance for doubtful accounts on December 31 2022, prior to the adjustment. 3. Prepare the necessary adjusting entry for 2022