5. Belfair Clinic uses the allowance method to account for its uncollectible accounts. It has the following balances on December 31, 2022 before any adjusting entries: Accounts Receivable = $200,000 Allowance for Uncollectible Accounts = $18,000 (credit) The clinic estimates uncollectible accounts to be 25% of Accounts Receivable. What year-end adjustment (adjusting entry) should be made for uncollectible accounts? Page 2 (1 point) Date Account Name Dr. Cr. Dec 31 Bad debt expense Allowance for uncollectable els cyounts $32,000 W $32,000 Uncollectable amount : 25.10 x accounts recicuable 2510 x 200,000 = 350,000 50,000 -18,000 = 32,000 After the year-end adjustment is made, how much is net Accounts Receivable? Show your calculations. (1 point)