Required Information Problem 7-2A Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed below) At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,473,280 $3,952,000 In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts $1,197,456 debit 5 29,089 debit Problem 7-2A Part 3 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet given the facts in part 1 (Do not round Intermediate calculations. Current assets