Problem 9-1A At December 31, 2016, House Co. reported the following information on its balance sheet. Accounts receivable $960,200 80,700 Less: Allowance for doubtful accounts During 2017, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as $3,704,500 50,500 2,811,600 90,200 29,350 uncollectible