(1) Glamour Co. uses the balance sheet approach in estimating uncollectible accounts expense. Its Allowance for Doubtful Accounts has a 1,200 credit balance prior to adjusting entries. It has just completed an aging analysis of accounts receivable at 31 December 2021. This analysis disclosed the following information: Age Percentage Considered Uncollectible 1% 2% 8 % Group Total 53,000 31,000 14,000 Not yet due 1-30 days past due 31-60 past due Find Net Realizable Value of the company Accounts Receivable at 31 December 2021. (5 points) Explain the relationship between the matching principle and the need to estimate uncollectible accounts receivable. (5 points)