13. The following information relates to a Palpatine & Company's accounts receivable: gross accounts receivable balance at the beginning of the year, $410,000; allowance for uncollectible accounts at the beginning of the year, $30,000 (credit balance); credit sales during the year, $1,500,000; accounts receivable written off during the year, $21,000; cash collections from customers, $1,400,000. Assuming the company estimates bad debts at an amount equal to 3% of credit sales.

1. Calculate bad debt expense for the year. 2. Calculate the year-end balance in the allowance for uncollectible accounts.