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 5 240,000 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 2. Bad debts are estimated to be 3% of credit sales Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet Current assets