A company specializes in helping patients regain motor skills after serious accidents. The company has the following balances on December 31, Year 1, before any adjustment: Accounts Receivable = $103,000; Allowance for Uncollectible Accounts = $3,300 (debit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable					Estimated Percent Uncollectible
Not yet due		$	53,000				5	%
060 days past due			25,300				10	%
61120 days past due			15,300				20	%
More than 120 days past due			9,400				80	%
Total		$	103,000

Required:

1. Estimate the amount of uncollectible receivables.

2. Record the adjusting entry for uncollectible accounts on December 31, Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

3. Calculate net accounts receivable