Required information [The following information applies to the questions displayed below.] The following events occur for Redbud Co. during 2021 and 2022, its first two years of operations. February 2, 2021 Provide services to customers on account for $30,200. July 23, 2021 Receive $20,500 from customers on account. December 31, 2021 Estimate that 25\% of uncollected accounts will not be received. April 12, 2022 Provide services to customers on account for $43,200. June 28, 2022 Receive $6,000 from customers for services provided in 2021. September 13, 2022 Write off the remaining amounts owed from services provided in 2021. October 5, 2022 Receive $38,500 from customers for services provided in 2022. December 31, 2022 Estimate that 25\% of uncollected accounts will not be received. \begin{tabular}{|c|c|c|c|c|c|} \hline 2 & Jul. 23, 2021 & Cash & & 20,500 & \\ \hline & & Accounts Receivable & 2 & & 20,500 \\ \hline \multirow[t]{2}{*}{3} & Dec. 31, 2021 & Bad Debt Expense & & 2,425 & \\ \hline & & Allowance for Uncollectible Accounts & & & 2,425 \\ \hline \multirow[t]{2}{*}{4} & Apr. 12, 2022 & Accounts Receivable & & 43,200 & \\ \hline & & Service Revenue & & & 43,200 \\ \hline \multirow[t]{2}{*}{5} & Jun. 28, 2022 & Cash & & 6,000 & \\ \hline & & Accounts Receivable & & & 6,000 \\ \hline \multirow[t]{2}{*}{6} & Sep. 13, 2022 & Allowance for Uncollectible Accounts & & 3,700 & \\ \hline & & Accounts Receivable & 2 & & 3,700 \\ \hline \multirow[t]{2}{*}{7} & Oct. 5, 2022 & Cash & & 38,500 & \\ \hline & & Accounts Receivable & & & 38,500 \\ \hline \multirow[t]{2}{*}{8} & Dec. 31, 2022 & Bad Debt Expense & 2 & 1,175 & \\ \hline & & Allowance for Uncollectible Accounts & & & 1,175 \\ \hline \end{tabular} 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{8}{|c|}{ Answer is not complete. } \\ \hline \multicolumn{4}{|c|}{ Cash } & \multicolumn{5}{|c|}{ Accounts Receivable } \\ \hline July 23, 2021 & 20,500 & & & February 2, 2021 & 30,200 & 20,500 & July 23,2021 & \\ \hline December 31, 2021 & 20,500 & & & December 31, 2021 & 9,700 & & & \\ \hline June 28, 2022 & 6,000 & & & April 12, 2022 & 43,200 & 6,000 & June 28, 2022 & \\ \hline \multirow[t]{2}{*}{ October 5, 2022} & 38,500 & & & & & 3,700 & September 13, 2022 & \\ \hline & & & & & & 38,500 & October 5, 2022 & \\ \hline December 31, 2022 & 65,000 & & & December 31, 2022 & 4,700 & & & \\ \hline \multicolumn{4}{|c|}{ Allowance for Uncollectible Accounts } & & & & & \\ \hline & & 2,425 & December 31, 2021 & & & & & \\ \hline & 3,700 & 1,175 & & & & & & \\ \hline \multicolumn{4}{|l|}{ September 13, 2022} & & & & & \\ \hline & 100 & & December 31, 2022 & & & & & \\ \hline \end{tabular} 3. Calculate net accounts receivable at the end of 2021 and 2022