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Cornerstone Excrcise 5-29 Aging Method On Decenaber 31, 2021, Smith Ltd. has the following balances for accounts receivable and allowance for doubtul accounts: During 2022, Smith had $2,865,000 of credit sales, collected $2,905,000 of accounts rectivable, and wrote off $3,850 of accounts recelvable as uncollectibien. At vear-end, 5mikh performs an aging of its accounts receivable balance and estimates that $3,800 will be uncollectible. Required: 1. Calcalates fimith s preadfustment balance in accounts recelvable on Decemiber 31,2022. 2. Calculate fimiab's preadjuitment balance in allowance for doubtful accounts on December 31,2022