2. Lenore Companys unadjusted trial balance at December 31, 2022 included the following: Debit Credit Accounts receivable $125,000 Allowance for doubtful accounts $700 Sales $1,250,000 Sales returns and allowances 7,000 Required: Prepare the necessary year-end adjusting entry for uncollectible accounts under the following assumptions: Accounts Receivable is aged into three categories Current $75,000, 30 60 days past due - $35,000 and >60 days past due - $15,000. Additionally, the amount uncollectible for each category is 5% for current, 20% for 30-60 days and 40% for > 60 days