Question 10 (6 points) On December 31, 2021 Alto Company's records showed the following results for the year: $ 110,000 $ 955,000 In addition, the unadjusted trial balance included the following items: Cash Sales Credit Sales Accounts Receivable Allowance for Doubtful Accounts $ 425,000 debit $1,500 debit Required: Record the year end adjusting entry for each of the following unrelated situations: a. 2% of credit sales are estimated to become bad debts. (3 marks) b. 4% of accounts receivable are estimated to be uncollectible. (3 marks)