2. Hailey Company uses the percent of receivables method to estimate uncollectible accounts expense. Hailey began 2016 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $38,250 and $2,900, respectively. During the year, the company wrote off $2,320 in uncollectible accounts. In preparation for the company's 2020 estimate, Hailey prepared the following aging schedule: Number of Days Past Due Current 0-30 31-60 61-90 Over 90 Receivables Amount $26,000 $11,250 $ 2,480 $ 1,110 $ 950 $41,790 % Likely to be Estimated Amount Uncollectible Uncollectible 1% $260 5% $563 10% $248 25% $275 50% $475 $1,821 Total a. What is the amount that Hailey estimated to be uncollectible? $1821 b. What is the percentage of the total accounts receivable that is estimated not to be collected? c. What will Hailey record as Uncollectible Accounts Expense for 2020? $1240