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Required Information [The following information applies to the questions displayed below.] Trinity Brands recently disclosed the following: A summary of the Allowance for Doubtful Accounts is as follows (dollars in thousands): Required: 1. Record summary Journal entrles related to bad debts for Year 3. If no entry is required for a transactlon/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) Required information [The following information applies to the questions displayed below.] Trinity Brands recently disclosed the following: A summary of the Allowance for Doubtful Accounts is as follows (dollars in thousands): 2-a. Compute the missing dollar amounts for year 1. 2-b. Compute the missing dollar amounts for year 2. Complete this question by entering your answers in the tabs below. Compute the missing dollar amounts for year 1. (Enter your answers in thousands not in dollars.) Lauer Corporation has provided the following information about one of its laptop computers: Durling the year, Lauer sold 1,225 laptop computers. What was cost of goods sold using the LIFO cost flow assumption? Multiple Cholce $1,371,500. $1,423,500. $1,363,500 $1,398,974. The asset was belng depreclated using the straight-Ine method. What was the gain or loss on the disposal? Multiple Choice $15,000glnn $4,0001055. $2,0001055. $9,500 gain

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