Required information Problem 7-2A (Algo) Estimating and reporting bad debts LO P2, P3 The following information applies to the questions displayed below) At December 31. Howke Company reports the following results for its calendar year Cat Sales Credit Sales $ 240,000 $ 600,000 In addition, its unadjusted trial balance includes the following nems Accounts receivable Allowance for doubtful accounts 5 324,000 dealt $ 3,200 de Problem 7.2A (Algo) Part 3 3. Arging analysis estimates that of youred accounts rece ble are uncollectible show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet Current