[The following information applies to the questions displayed below.] At December 31, 2015, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $ 1,518,130 3,306,000 In addition, its unadjusted trial balance includes the following items. $1,001,718 debit Accounts receivable Allowance for doubtful accounts 14,470 debit value: 1.98 points Required: 1. Prepare the adjusting entry for this company to recognize bad debts under each of the following independent assumptions. a. Bad debts are estimated to be 3% of credit sales. b. Bad debts are estimated to be 2% of total sales. c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31, 2015). (Round your final answers to the nearest whole dollar.) View transaction list View journal entry worksheet X Debit Credit No Transaction General Journal a. No Transaction Recorded 1 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2015, balance sheet facts given the facts in part 1a: Current assets: 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2015, balance sheet given the facts in part 1c. (Round your intermediate and final answers to the nearest whole dollar.) Current assets