Current Attempt in Progress At December 31, 2021, Sheffield Co. reported the following information on its balance sheet. Accounts receivable $968,800 Less: Allowance for doubtful accounts 81,400 During 2022, the company had the following transactions related to receivables. 1. Sales on account $3,675,100 2. Sales returns and allowances 48,000 3. Collections of accounts receivable 2.810,300 4. Write-offs of accounts receivable deemed uncollectible. 89,700 5. Recovery of accounts previously written off as uncollectible 28,000