Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December $31$:CustomerAmountKim Abel$$24,300$ Lee Drake$33,950$ Jenny Green$29,800$ Mike Lamb$17,700$ Total$$105,750$ The company prepared the following aging schedule for its accounts receivable on December $31$:Aging Class $($Numberof Days Past Due$)$Receivables Balanceon December $31$Estimated Percent ofUncollectible Accounts$0-30$ days$$730,0001\%31-60$ days$300,000261-90$ days$115,0001591-120$ days$75,00030$ More than $120$ days$95,00060$ Total receivables$$1,315,000$ Question Content Areaa. Journalize the write$-$offs under the direct write$-$off method. If an amount box does not require an entry, leave it blank.blankAccountDebitCreditblankFeedback AreaFeedbackUnder the direct write$-$off method, Bad Debt Expense is recorded when the customer's account is determined to be worthless and written$-$off. There is no adjusting entry at year$-$end to record estimated bad debt.Question Content Areab. Journalize the write$-$offs and the year$-$end adjusting entry under the allowance method, assuming that the allowance account had a beginning balance of $$91,550$ and the company uses the analysis of receivables method. If an amount box does not require an entry, leave it blank.blankAccountDebitCreditblankblankFeedback AreaFeedbackQuestion Content Areac. How much higher $($lower$)$ would Seaforth International's net income have been under the allowance method than under the direct write$-$off method? fill in the blank $1$ of $1$$