A summary of London Fashion's December 31, 2014, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group: The allowance for uncollectible accounts had a balance of $1, 600 at January 1, 2014. Calculate the estimated uncollectible amount for each age group Prepare the adjusting entry for the allowance for uncollectible accounts at 12/31/2014