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At the beginning of 2019, the balances of RFS's accounts receivable and allowance for doubtful accounts were P 250,000 and P 12,500, respectively. During the period, RFC made a total sales of P 1,200,000, 30% of which were cash sales. RFC wrote-off accounts of P 10,000 and recovered P5,000. Total collections on accounts sales during the period arnounted to 765,000, including recoveries. The estimated doubtful accounts for the period is 1 % of net credit sales during period. Required: 1. The balance of Accounts Receivable account as of December 31, 2019 is z: the allowance for doubtful accounts adjusted balance on December 31, 9 is except that the estimated doubtful accounts is 5% of Accounts receivable. 3. The amount of doubtful accounts expense for the period is 4. The carrying amount of accounts receivable at the end of the period is