Question 2 At the beginning of the year, HR-Plus consulting had a net accounts receivable balance of 1,200,000. This balance includes an Allowance for Doubtful Accounts of $62,500, During the year, the following transactions occurred: i. Total Sales on account were $15,280,000 ii. Wrote off $43,000 from the Department of Forestry as uncollectable At year end, the accounts receivable balances were as follows: Age Collection Probability Amount 0-30 days 98% $800,000 31-60 days 90% 400,000 61-90 days 75% 116,000 Over 90 days 50% 16,000 REQUIRED: A. Show the journal entries for items (i) and (ii). B. Show all of the entries posted to Allowance for Doubtful Accounts during the year C. How much Accounts Receivable was collected during the year D. What are the bad debts expense for the year? E. What is the balance of Allowance for Doubtful Accounts at the end of the year