Adventure Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three categories as follows: (1) 1-30 days old (2) 30-90 days old, an portion of receivables of a specific age will not be paid as follows: (1) 296, (2) 13%, and (3) 40%. respectively. At December 31, 2016, the unadjusted credit balance in the Allowance for Doubtful Accounts was $290.The total Accounts Receivable in each age category were: (1) 1-30 days old, 567,000, (2) 30-90 d (3) more than 90 days old. Based on experience, management has estimated what days old, $11,000, and (3) more than 90 days old, $6,000. Required: a. Calculate the estimate of uncollectible accounts at December 31, 2016. Estimated uncollectible accounts b. Prepare the appropriate adjusting entry dated December 31, 2016. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31, 2016. Note: Enter debits before credits