Using this image above as a reference please solve the question below in the exact same format.

You have a $100,000 of sales for the month of July, as shown below: cash credit Sales 1 $ 23,500 80% of sale was on credit $ 4,700 $ 18,800.0 Sales 2 $ 22,000 90% of sale was on credit $ 2,200.0 $ 19,800.0 Sales 3 $ 30,000 95% of sale was on credit $ 1,500 $ 28,500.0 Sales 4 $ 24,500 75% of sale was on credit $ 6,125.0 $ 18,375.0 $ 100,000 $ 14,525 $ 85,475 a) Prepare your financial statements using the above information. b) Under the allowance Method you determine that 10% of your ending account receivables will be uncollectible. Adjust your financial statements to reflect. Balance Sheet Stmt of R/E Income Stmt Assets = Liabilities + Equity Allowance for Doubtful A/R Accts 85,475.0 $ (8,547.5) 91,452.50 Net Income $ Cash 14,525 $ End R/E 91,453 100,000 sales (8,548) bad debt expense 91,453 Ending R/E 91,452.50 Net Income 91452.5 Assets 8) Below is a list of monthly sales: $ $ lan sales Feb sales Mar sales Apr sales May sales Jun sales Jul sales $ S $ 1,250 20% of monthly sales are cash sales/its estimated 10% of monthly A/R will be uncollectible 1,000 25% of monthly sales are cash sales/ its estimated 5% of monthly A/R will be uncollectible 750 15% of monthly sales are cash sales/its estimated 10% of monthly A/R will be uncollectible 2,200 20% of monthly sales are cash sales/ its estimated of monthly A/R will be uncollectible 1,750 15% of monthly sales are cash sales/its estimated 20% of monthly A/R will be uncollectible 1,800 10% of monthly sales are cash sales/its estimated 5% of monthly A/R will be uncollectible 900 25% of monthly sales are cash sales/its estimated 0% of monthly A/R will be uncollectible 9,650 S $ $ a) Prepare your financial statements using the above information. Be sure to adjust your financials using the Allowance for Uncollectible Accounts Method. Balance Sheet Stmt of RA Income Stmt Assets Liabilities Equity $0 SO $0 SO $0 Assets Liabilities & Equity