29 2 points 03:43:59 TB MC Qu. 07-47 (Algo) Domino Company ages its accounts receivable... Domino Company ages its accounts receivable to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $47,270 and $3,740, respectively. During Year 2, the company wrote off $2,790 in uncollectible accounts. In preparation for the company's estimate of uncollectible accounts expense for Year 2, Domino prepared the following aging schedule: Number of Days Past Due Current 0 to 30 31 to 60 61 to 90 Over 90 Total Receivables Amount $80,000 29,100 7,760 4,120 3,800 $124,780 % Likely to be Uncollectible 1% 5% 10% 25% 50% What amount will be reported as uncollectible accounts expense on the Year 2 income statement?

TB MC Qu, 07.47 (Algo) Domino Company ages its accounts receivable... Domino Company ages its accounts receivable to estmate uncolectible accounts expense Domino bepan Year 2 with balances in Accounts Recelvable and Allowance for Doubtui Accounts of $47270 and $3740, respectively. During Year 2 . the compary wrote of $2790 in uncollectible accounts, in preparation for the company's estimate of uncollectoble accounts expense for Year 2. Damino prepared the following aping schedule Whot amount wil be reported as incollectole accounts expense on the Year 2 income statement