Required information IThe oowing momation ple t tns dsplyed below) Web Wizard, Inc., has provided infor mation technology services for several years. For the first two months of the rent year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter. a. During January, the company provided services for $48,000 on credit. b. On January 31, the company estimated bad debts using 1 percent of credit sales. C. On February 4, the com pany collected $24,000 of accounts receivable d. On February 15, the company wrote off a $200 account receivable e. During February, the company provided services for $38,000 on credit. f On February 28, the company estimated bad debts using 1 percent of credit sales. g On March 1, the company loaned $2,800 to an em ployee, who signed a 6% note, due in 6 months. h. On March 15, the company collected $200 on the account written off one month earlier / On March 31, the company accrued interest earned on the note . On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,280 For items (o) il. analyze the transaction to determine effects on specific financial statement accounts and the overall accounting equation. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign. Do not round intermediate calculations.)