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 $400,000 $1,000,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable. Allowance for doubtful accounts $900,000 debit $ 7,200 debit 2. Bad debts are estimated to be 4% of credit sales Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet ces Current assets