The following balances relate to Easter Company: Credit Sales during Year 1 Allowance for Bad Debt (1/1/YR1) Accounts Receivable (1/1/YR1) 2,000,000 10,000 (credit) 100,000 Several transactions related to accounts receivable occurred during Year 1. (1) An account with a balance of $500, previously written off, is collected during Year 1. (2) $1,200 of the Easter's accounts receivable are written off in Year 1 as uncollectible. (3) During the year, the company collected 80% of the beginning balance of accounts receivable and 70% of the credit sales. (4) At the end of the year, annual bad debts are estimated to be 3% of credit sales. What is the ending balance in accounts receivable and allowance for bad debts accounts at December 31, Year 1 (after adjustment)?