I had $12400$ and the system said $it$ was wrong. Can you please recalculate?

Year $1$

Year $2$

Prepare journal entries $to$ record Liang's Year $1$ summarized transactions and its year$-$end adjustments $to$ record bad debts expense. $(The$ company uses the perpetual inventory system, and $it$ applies the allowance method for its accounts receivable.$)$

Problem $9-4A(Algo)$ Accounts receivable transactions and bad debts adjustments $LOC1,P2,P3$

Liang Company began operations $in$ Year $1.$ During its first two years, the company completed a number $of$ transactions involving sales

$on$ credit, accounts receivable collections, and bad debts. These transactions are summarized $as$ follows.

Year $1$

$a.$ Sold $$1,353,900$$$975,600\frac{n}{30}.$

$b.$ Wrote off $$19,100of$ uncollectible accounts receivable.

$c.$ Received $$673,900$ cash $in$ payment $of$ accounts receivable.

$d.In$ adjusting the accounts $on$ December $31,$ the company estimated that $1\mathrm{.}60\%of$ accounts receivable would $be$ uncollectible.

Year $2$

$e.$ Sold $$1,533,400$$$1,252,000\frac{n}{30}.$

$f.$ Wrote off $$31,000of$ uncollectible accounts receivable.

$g.$ Received $$1,388,300$ cash $in$ payment $of$ accounts receivable.

$h.In$ adjusting the accounts $on$ December $31,$ the company estimated that $1\mathrm{.}60\%of$ accounts receivable would $be$ uncollectible.

Required:

Prepare journal entries $to$ record Liang's Year $1$ and Year $2$ summarized transactions and its year$-$end adjustments $to$ record bad debts

expense. $(The$ company uses the perpetual inventory system, and $it$ applies the allowance method for its accounts receivable.$)$

Note: Round your intermediate calculations $to$ the nearest dollar.