Do Question 9-3 based in the data given in 9-2:

E9-2 Using the allowance method for bad debts (percentage of sales) [15 min] (LO 20) At 30 September, Daydream Island Flagpoles had Accounts receivable of $31 000 and Allowance for doubtful debts had a credit balance of $3 000. During October, Daydream Island recorded: a. Sales of $174 000 ($157 000 on credit; $17 000 for cash). Ignore cost of sales. b. Collections on account, $131 000 c. Bad debts expense, estimated as 4% of credit sales d. Write-offs of bad debts, $2 200. E9-3 Using the direct write-off method for bad debts [10 min] (LO 32) Refer to the data given in Exercise E9-20. Requirements 1. Record bad debts expense for October using the direct write-off method. 2. What balance of accounts receivable does Daydream Island report on its 31 October balance sheet under the direct write-off method? Does it expect to collect the full amount