12.00 5. Black Corporation had a 1/1/15 balance in the Allowance for Doubtful Accounts of $12,000 During 2015, it wrole off 8.640 of accounts and collected $2.529 on accounts previously written off. The balance in Accounts Receivable was $240,000 at 1/1 and $288.000 at 123) A: 12/31/15, Black estimates that $% of accounts receivable will prove to be uncollectible. What should Black report as its Allowance for Doubtfal Accounts at 12/31/157 All Oy 57