Soorya Inc Additional Information on 2021 Transactions Here Is an Aging of the Accounts Receivable

Soorya Inc. had the following balances for fiscal 2021.
$$\begin{array} { | l | r | r | } \hline & \operatorname { Jan } 1,2021 & \text { Dec } 31,2021 \\\hline \text { Accounts receivable } & 2,500,000 & 2,000,000 \\\hline \text { Allowance for doubtful accounts } & 125,000 & \text { unknown } \\\hline\end{array}$$ Additional information on 2021 transactions:
$$\begin{array} { | l | r | r | r | r | } \hline \text { Sales } & \text { Q1 } & \text { Q2 } & \text { Q3 } & \text { Q4 } \\\hline \text { Cash } & & & & \\\hline \text { Credit } & 100,000 & 200,000 & 150,000 & 250,000 \\\hline \begin{array} { l } \text { Discounts given (only on credit } \\\text { sales) }\end{array} & 25,000 & 40,000 & 35,000 & 50,000 \\\hline \text { Bad debts } & & & & \\\hline \text { write-offs } & 15,000 & 10,000 & 20,000 & 5,000 \\\hline \text { collection on previously } &101,000&0&5,000&20,000 \\\text { Written off accounts }&&&&\\\hline\end{array}$$ Here is an aging of the accounts receivable:
$$\begin{array} { | l | r | r | r | } \hline \begin{array} { l } \text { Days } \\\text { outstanding }\end{array} & \begin{array} { l } \text { Accounts receivable } \\\text { balance @ Jan 1, 2021 }\end{array} & \begin{array} { l } \text { Accounts receivable } \\\text { balance @ Dec 31, 2021 }\end{array} & \begin{array} { l } \text { Estimate \% uncollectable } \\\text { (consistent rate for 5 years) }\end{array} \\\hline 0 - 30 & 1,900,000 & 1,000,000 & 0 \% \\\hline 31 - 60 & 250,000 & 350,000 & 10 \% \\\hline 61 - 90 & 250,000 & 350,000 & 20 \% \\\hline 90 & 100,000 & 300,000 & 50 \% \\\hline\end{array}$$ Required:
a)How much cash was collected from accounts receivable during 2021?
b)Prepare the journal entry to record the discounts using both the gross and net method of accounting; assume that the total discounts given related to sales totaling $450,000. Also prepare the journal entry that would be required if the discounts were not taken by customers under the net method.
c)Assume all discounts were taken by customers and that the company used the gross method.
Complete the following chart:
$$\begin{array} { | l | l | } \hline & \text { Balance at end of fiscal } 2021 \\\hline \text { Gross Sales } & \\\hline \text { Net Sales } & \\\hline \text { Bad debt expense } & \\\hline\end{array}$$ d)What would the bad debt expense be if Soorya wanted to use the percentage of sales method and felt that its experience showed that 4.5% of sales were not collectible?