10. Sammon Inc. had the following unadjusted account balances at May 31, 2021 (assume normal account balances): Accounts Receivable $147,000 Allowance for Doubtful Accounts Sales 3,000 750,000 Instructions a. Assume that Sammon Inc. estimated its uncollectible accounts at May 31, 2021 to be 2% of sales. i. Prepare the appropriate adjusting entry to record the estimated uncollectible accounts at May 31, 2021. ii. Calculate the balance in the Allowance for Doubtful Accounts account after posting the adjusting entry. b. Assume that Sammon Inc. estimated its uncollectible accounts at May 31, 2021 to be 10% of the unadjusted balance in Accounts Receivable. i. Prepare the appropriate adjusting entry to record the estimated uncollectible accounts at May 31, 2021. ii. Calculate the balance in the Allowance for Doubtful Accounts account after posting the adjusting entry.