ABC uses the aging of accounts method. The beginning balance in the Allowance account was $26,000. During the year ABC wrote off $119,000 of accounts receivable. At the end of the year ABC had $700,000 in Accounts Receivable with the following ages: ABC estimates that 1% of sales 130 days old will be uncollected; 30% of sales aged 31-90 days will be uncollected; and that 80% of sales aged more than 90 days will be uncollected. 3. What would be the ending balance in the allowance? 4. What is the Bad Debt Expense for the year