NOTE: You may mark up the exam, but write your answers on the separate ANSWER

Problem I. $(20$ Points$).$ The trial balance before adjustment of Risen Company reports the following balances:

$2$ SHEET.

$\backslash$table$[[$Accounts receivable,,,$],[$Allowance for doubtful accounts,Dr$.,,],[$Sales revenue $($all on credit$),$$$300,000,,],[$Sales returns and allowances,,$$,000,],[,,80,000,1,700,000$