12-14. A company has the following balances on December 31, 2018, before any year-end adjustments: Accounts Receivable $80,000; Allowance for Uncollectible Accounts $1,100 (credit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below: Estimated Percent Age Group Amount Receivable 5% Not yet due $48,000 15% 18,000 0-30 days past due 40% 10,000 31-90 days past due 80% 4,000 More than 90 days past due $80,000 Total Record the adjustment for uncollectible accounts on December 31, 2018. Credit Debit Date Account