The statement of financial position of Kingbird Inc. at December 31, 2019, includes the following: Notes receivable Accounts receivable Less: Allowance for doubtful accounts $410,000 282,600 (49,300) $643,300 Transactions in 2020 include the following: 1. Accounts receivable of $144,700 were collected. 2. Customer accounts of $40,100 were written off during the year. 3. An additional $16,300 was received in payment of an account that was written off in 2020. 4. At year end, Allowance for Doubtful Accounts was estimated to need a balance of $52,800. This estimate is based on an analysis of aged accounts receivable. Prepare all necessary journal entries for Kingbird Inc. to reflect the information above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. (To record accounts receivable) (To record collection) 4