! Required information [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year Cash sales Credit sales $1,352,200 $3,354,000 In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts $1,016, 262 debit $ 19,620 debit 2. Bad debts are estimated to be 3% of credit sales. Show how Accounts Receivable and the Allowance for Doub on its December 31 balance sheet. Current assets 8 9 of 9 3 Prey HE Next