The following list of accounts was drawn from the accounts of Little Grocery Supplier $($LGS$)$ as of December $31,$ Year $1$: Cash $ $6,860$ accounts receivable $$17,180,$ Allowance for doubtful accounts $ $1,819$ Inventory $22,660,$ Accounts payable $9,200$ Common stock $21,300$ Retained earnings $14,385$ Transactions for Year $2$ Acquired an additional $$8,400$ cash from the issue of common stock. Purchased $$61,600$ of inventory on account. Sold inventory that cost $$62,700$ for $$95,400.$ Sales were made on account. The company wrote off $$1,4700$ of uncollectible accounts. On September $1,$ LGS loan $$11,000$ to Eden Company the note has a $5$ percent interest rateand one year term. Paid $$15,140$ cash for operating expenses. The company collected $471,110$ cash from accounts receivable. A cash payment of $$51,380$ was paid on accounts payable. The company paid $44,300$ cash dividend to the stockholders. Uncollectible accounts are estimated to be $1$ percent of sales on account Recorded the accrued at December $31,$year $2.$