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You have a $50,000 balance in Account Receivable which consist of the following accounts: Account Receivable Customer 1 $ 25.000 Customer $ 15.000 Customer $ 10,000 $ 50,000 Total Balance in /R -) You we just received notice that Customer 3 has filed for bankruptcy. Under the Direct Write-Off Method, adjust the financial statements below to reflect this information Balance Sheet Assets Liabilities Equity Strmt of R/E Income Stmt End R/E 50,000 Sales 50,000 50,000 Net Income Net Income End R/E AR