The balance sheet of Starsky Company at December 31, 2013, includes the following. Notes receivable $52,500 Accounts receivable 194,800 Less: Allowance for doubtful accounts 22,600 $224,700 Transactions in 2014 include the following. 1. Accounts receivable of $155,300 were collected including accounts of $60,900 on which 3% sales discounts were allowed. 2. $5,700 was received in payment of an account which was written off the books as worthless in 2013. 3. Customer accounts of $22860 were written off during the year. 4. At year-end, bad debts were estimated to be 4% of the ending A/R balance (based on the % of AR method). Prepare all journal entries necessary to reflect the transactions above