tion.com/hmtpx 4500 points Lopez Company began operations on January 1, 2014. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows 2014 a. Sold $1,803,750 of merchandise (that had cost $1.475,000) on credit, terms n/30 b. Wrote off $20,300 of uncollectible accounts receivable c. Received $789,200 cash in payment of accounts receivable d. In adjusting the accounts on December 31, the company estimated that 1 5% of accounts receivable will be uncollectible 2015 e. Sold $1,825,700 of merchandise (that had cost $1,450,000) on credit, terms n/30 f. Wrote off $28,800 of uncollectible accounts receivable g. Received $1,304,800 cash in payment of accounts receivable h. In adjusting the accounts on December 31 the company estimated that 15% of accounts receivable wil be uncollectible. Required: Prepare journal entries to record Lopez's 2014 and 2015 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system.) (Round your intermediate calculations and final answers to the nearest dollar amount. Omit the "S" sign in your response.) 2014 General Journal Debit Credit a Accounts receivable 1803750 Sales 1803750 Cost of goods sold 1475000 Merchandise inventory b Allowance for doubtful accounts Accounts receivable 1475000 20300 20.300. c Cash Accounts receivable 789,200 789 200