Required information 13 The following information applies to the questions displayed below. Suzuki Supply reports the following amounts at the end of 2021 (before adjustment) Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 $251,800 46,000 1,100 (Credit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Suzuki estimates 12% of receivables and 3% of credit sales respectively will not be collected Percentage of Receivables Method Percentage of Credit Sales Method Total assets Net income ces