At January 1, 2013, Avon Inc. reported the following information on its Balance Sheet: Accounts receivable Allowance for doubtful accounts $960,000 $70,000 During 2013, the company had the following summary transactions for receivables: a. Sales on account, $3,200,000 b. Sales returns and allowances, $500,000 c. Collections of accounts receivable, $3,000,0000 d. Interest added to overdue accounts, $250,000 e. Write-offs of accounts receivable deemed uncollectible, $90,000 f. Recovery of accounts previously written off as uncollectible, $21,000 Required: Prepare the journal entries to record each of the summary transactions. Enter the January 1, 2013 balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and