The general ledger of Grangehill Corporation at December 31, 2022 shows the following balances, all of which are normal: Cash Inventory Prepaid expenses Accounts receivable Allowance for doubtful accounts. $ 34,000 160.000 8,000 182.000 10,000 Management estimates the carrying amount of accounts receivable should be $158.000. Instructions (a) Prepare the adjusting entry for bad debts for 2022. (b) Show how the current assets would be presented on the statement of financial position at December 31, 2022