Need answers for Year $1$&$2$

Problem $7-4$A $($Algo$)$ Accounts receivable transactions and bad debts adjustments LO C$1,$ P$2,$ P$3$

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 $1$Sold $$1,348,500$ of merchandise on credit $($that had cost $$984,400),$ terms n$/30.$Wrote off $$20,000$ of uncollectible accounts receivable.Received $$671,700$ cash in payment of accounts receivable.In adjusting the accounts on December $31,$ the company estimated that $2\mathrm{.}70\%$ of accounts receivable would be uncollectible.Year $2$Sold $$1,562,600$ of merchandise $($that had cost $$1,331,200)$ on credit, terms n$/30.$Wrote off $$26,200$ of uncollectible accounts receivable.Received $$1,202,100$ cash in payment of accounts receivable.In adjusting the accounts on December $31,$ the company estimated that $2\mathrm{.}70\%$ of accounts receivable would be uncollectible.Required:Prepare journal entries to record Liangs 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.