The statement of financial position of Metlock Inc. at December 31, 2022, includes the following: Notes receivable Accounts receivable Less: Allowance for expected credit losses Transactions in 2023 include the following: 1. 2. 3. 4. $440,000 281,900 (47,800) $674,100 Accounts receivable of $144,500 were collected. Customer accounts of $41,000 were written off during the year. In December, an additional $16,700 was received in payment of an account that was written off early in 2023. At year end, Allowance for Expected Credit Losses was estimated to need a balance of $52,400. This estimate is based on an analysis of aged accounts receivable. Prepare all necessary journal entries for Metlock to reflect the information above.