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At December $31,$ Hawke Company reports the following results for its calendar year.

Cash sales $ $240,000$

Credit sales $ $600,000$

In addition, its unadjusted trial balance includes the following items.

Accounts receivable $ $324,000$ debit

Allowance for doubtful accounts $ $3,200$ debit

$3.$ An aging analysis estimates that $5\%$ of year$-$end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December $31$ balance sheet.