The following information is available for Quality Book Sales sales on account and accounts receivable: Accounts receivable balance, January 1, Year 2 $ 79,800 Allowance for doubtful accounts, January 1, Year 2 4,970 Sales on account, Year 2 563,000 Collection on accounts receivable, Year 2 569,000 After several collection attempts, Quality Book Sales wrote off $3,000 of accounts that could not be collected. Quality Book Sales estimates that 4 percent of the ending accounts receivable balance will be uncollectible. Required a. Compute the following amounts: (1) Using the allowance method, the amount of uncollectible accounts expense for Year 2. (2) Net realizable value of receivables at the end of Year 2. b. Record the general journal entries to: (1) Record sales on account for Year 2. (2) Record cash collections from accounts receivable for Year 2. (3) Write off the accounts that are not collectible. (4) Record the estimated uncollectible accounts expense for Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)