At December $31,2021,$ Blue Spruce Imports reported this information on its balance sheet.

During $2022,$ the company had the following transactions related to receivables.

Sales on account

$$2,942,900$

Sales returns and allowances

$66,300$

Collections of accounts receivable

Write$-$offs of accounts receivable deemed uncollectible

$($a$)$

Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Allowance for Doubtful Accounts,

Revenue, and Expense. Enter the January $1,2022,$ balances in Accounts Receivable and Allowance for Doubtful Accounts. $($Enter

negative amounts using either a negative sign preceding the number eg$.-45$ or parentheses e$.$g$.(45).)$