Martha's Pies sells frozen pies to grocery stores.At the end of the current year, Martha's Pies had an accountsreceivable balance of $155,000. Sales (all credit) for the yearwere $386,000 and $2,700 in sales were returned because theexpiration date on the products had passed. The balance in theallowance for doubtful accounts at the beginning of the year was$5,546. One account in the amount of $1,440 was written off becausethe customer went out of business. On the last day of the year, Martha's Pies recorded bad debts expense of $5,500. Prepare aschedule showing the ending balance in accounts receivable less theallowance for doubtful accounts.