Use the following data for Pangolin, Inc. and the Allowance Method to answer a), b), and e): Beginning (credit) balance in the Allowance for Doubtful Accounts account $16,000 (Cr) Accounts Receivable $500,000 a) Assume an estimated 8.0% of Accounts Receivable is uncollectible. Prepare the Journal Entry to adjust Allowance for Doubtful Accounts using the "Percent of Accounts Receivable Method" (omit date and description). b) Pangolin determines that it cannot collect an Account Receivable from Ferret, Inc. for $28,000. Prepare the Journal Entry to write-off Ferret's $28,000 Account Receivable (omit date and description). c) What is the balance in the Allowance for Doubtful Accounts account after the adjusting Journal Entry in a) above is posted, and Ferret's uncollectible account is written off (b) (please indicate "D" or "Cr" with your answer)