Required information Problem 9-2A (Algo) Estimating and reporting bad debts LO P2, P3 (The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its calendar year. Cash sales $ 640,000 Credit sales $ 1,600,00 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $ 480,6e debit $ 5,Bee debit Problem 9.2A (Algo) Part 3 3. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Show how Accounts Recelvable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet. Current assets