Morry Company Wrote Off the Following Accounts Receivable as Uncollectible

Morry Company wrote off the following accounts receivable as uncollectible for the first year of its operations ending December 31:
Required:
$\begin{array}{|l|r|}\hline \text { Customer } & \text { Amount } \\\hline \text { J. Jackson } & \$ 10,000 \\\hline \text { L. Stanton } & 9,500 \\\hline \text { C. Barton } & 13,100 \\\hline \text { S. Fenton } & 2,400 \\\hline \text { Total } & \$ 35,000 \\\hline\end{array}$
1 Journalize the write-offs for the current year under the direct write-off method.
2 Journalize the write-offs for the current year under the allowance method.Also,journalize the adjusting entry for uncollectible receivables assuming the company made $2,400,000 of credit sales during the year and the industry average for uncollectible receivables is 1.50% of credit sales.
3 How much higher or lower would Morry Company's net income have been under the direct write-off method than under the allowance method?