Upham Companies June 30, 2013, balance sheet included the following information:

During the company's fiscal year ending June 30, 2014, the following transactions occurred:
1. Sales on credit $874,600
2. Collections of accounts receivable 841,000
3. Accounts receivable written off as uncollectible 13,800
4. Customer notes received in payment of accounts receivable 72,000
5. Notes receivable collected 29,000
6. Notes receivable, previously sold with recourse, were paid at maturity. The associated recourse liability for this note is $800. 36,000
7. Notes receivable were defaulted. 2,025
8. Collections on accounts previously written off 500
9. Sales returns and allowances (on credit sales) 2,000
10. Bad debts were estimated to be 1.5% of credit sales
Required:
1. Prepare the journal entries necessary for Upham to record the preceding transactions.
2. Prepare an analysis and schedule that shows the amounts of the accounts receivable, allowance for doubtful accounts, notes receivable, and notes receivable dishonored accounts that will be disclosed on Upham's June 30, 2014 balance sheet.

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Accounts receivable Less: Allowance for doubtful accounts Notes receivable* Total receivables $224,000 (14,10) $209,900 21,800 $231,700