1. Fresh Food Company is a wholesaler which sells goods to retail stores. As of end of the year of 2019 (December 31, 2019), Fresh Food Company's receivables amount to $20,000. Assume that the allowance for doubtful accounts for Fresh Food has a debit balance of $1,100 before adjustment on December 31, 2019. Fresh Food Company classifies each of the customers into different age groups as of December 31, 2019. The age groups are: (1) not yet due. (2) 1-30 days past due, (3) 31-60 days past due, (4) 61-90 days past due, (5) over 90 days past due. Assume that each month includes 30 days. The following table demonstrates the amount of outstanding receivables from each of the customers at December 31, 2019, as well as, the due date for each receivable: Customer D E F G Total Due Date August 1, 2019 October 17, 2019 November 28, 2019 November 30, 2019 December 11, 2019 April 6, 2020 Balance $3,500 $600 $400 $2.000 $2,500 $11,000 $20,000 Assume that Fresh Food Company has a past history of uncollectible accounts by age category, as follows: Age group Not due yet 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Probability of becoming uncollectible 4% 5% 10% 20 % 45% After the receivables from customers are classified into age groups and aging schedule is completed, what is the total amount estimated uncollectible accounts? * (5 Points) $2,550 $3,600 $2,500 some other amount