Could you please help me solve the accounting below? Please see the attached file. Please help to do it step-by-step with all the workings and solutions. Thank you very much!

During the current year, Sun Electronics, Incorporated, recorded credit sales of $730,000. Based on prior experience, it estimates a 2 percent bad debt rate on credit sales.

a. On November 13 of the current year, an account receivable for $400 from a prior year was determined to be uncollectible and was written off.

b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year.

Required:

Show the effects of the above transactions on the following categories: Assets, Liabilities, and Stockholders' Equity. Use + for increases and for decreases and indicate the accounts affected and the amounts.

Transaction Assets Liabilities Stockholders' Equity a