2% Part II - Question 2: Accounts Receivable and Revenue Recognition (total of 10 points) a) On December 31, 2018 Zale Company had an unadjusted debit balance of S1,000 in its allowance for uncollectible accounts. An analysis of Zale's trade accounts receivable at that date revealed the following: Age Amount %. Estimated Uncollectible 0-30days S125.000 31-60days 34,000 60-90days 8.500 20% Over 90days 4,700 50% Required: 1) What is the amount that Zale should report as allowance for uncollectible accounts in its December 31, 2018 balance sheet? (2 points) ii) Show the journal entry on December 31, 2018 to record the bad debt expense. (2 points)