Required information Problem 9-2A (Algo) 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. In addition, its unadjusted trial balance includes the following items. Problem 9-2A (Algo) Part 2 2. Bad debts are estimated to be 2% of credit sales. Show how Accounts Recelvable and the Allowance for Doubtful Accour on its December 31 balance sheet