2. Wiggins Corporation utilizes an accounting software package that is capable of producing a detailed aging of outstanding accounts receivable. Following is the aging schedule as of December 31, 20X2. Allowance account had an 85,430-credit balance. (12 points) Age group AR Estimate uncollectible 3 0-30 31-60 61-90 1,200,000 700,000 200,000 25,000 10 58 91-120 75 A. What is the ending balance in the allowance account? B. What is net realizable value? C. Record the year end adjustment if any below? PAGE GENERAL JOURNAL POST. CREDIT DEBIT REF. DESCRIPTION DATE