Bad Debt Expense, $8,000 S93 This exercise continues the situation of S92, in which Spring Break Travel had interim balances at June 30, 2022, of Accounts Receivable at $80,000 and Allowance for Doubtful Accounts at $7,000. During the balance of 2022, Spring Break Travel completed these transactions: Service revenue on account, $800,000 (assume no cost of goods sold). Collections on account, $840,000. Write-offs of uncollectibles, $6,000. Bad debt expense, 1 percent of service revenue. Journalize Spring Break Travels JulyDecember 2022 transactions at the end of the first year (December 31, 2022), and show the updated balance sheet totals