A. At the end of each year, for Balance Sheet purposes, Jefferson Company determines what should be the estimated balance of the allowance for uncollectible accounts receivable. The only other entries to the allowance account made during the year are to write-off uncollectible accounts and to record the recovery of accounts previously written-off, if any. On the December 31, 2015 Balance Sheet, the balance of the allowance account was $9, 700. During 2016, $13, 500 of accounts receivable were written-off and $2, 100 of the accounts written-off were recovered. An aging of the accounts receivable outstanding as of December 31, 2016 showed the following: REQUIRED: Determine the December 31, 2016 balance of the allowance account and prepare the necessary journal entry