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Retained Eamings Statement Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2: Prepare a retained

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Retained Eamings Statement Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2: Prepare a retained earnings statement for the fiscal year ended January 31, \\( 20 \\mathrm{Y2} \\). Determine the amount to be added to Allowance for Doubtful Accounts in each of the following cases and indicate the ending balance in each case. a. Credit balance of \\( \\$ 310 \\) in Allowance for Doubtiul Accounts just prior to adjustment. Analysis of Accounts Recelvable indicates uncollectible receivables of \\( \\$ 7,490 \\). b. Credit balance of \\( \\$ 310 \\) in Allowance for Doubtful Accounts fust prior to adjustment. Uncollectible receivables ace estimated at \3 of credit sales, which totaled \\( \\$ 892,000 \\) for the year. Amount added Ending balance 4 3

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