Plz answer the full question for good reating.

PROBLEM SOLVING PART: (MANDATORY) 1. Accounts Receivable of the Fakler Manufacturing Co. on December 31, 1984, had a balance of $150,000. The allowance for doubtful accounts had a $4,500 balance. Sales in 1984 were $1,125,000 less sales discounts taken of $ 9,000. Pass the adjusting entry for estimated doubtful accounts expense, assuming: I. One half of 1% of 1984 net sales will probably never be collected. II. Two percent of outstanding accounts receivable are doubtful. III. An aging schedule shows that $7,500 of the outstanding accounts receivables are doubtful