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 olod (2) 30-90 days old, and (3) more than 90 days old. Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows: (1) 2%, (2) 13%, and (3) 31%, respectively. At December 31, 2016, the unadjusted credit balance in the Allowance for Doubtful Accounts was $230. The total Accounts Receivable in each age category were: (1) 1-30 days old, $75,000, (2) 30-90 days old, $11,000, and (3) more than 90 days old, $2,000 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. Date General Journal Debit Credit December 31, 2016 Record entry Clear entry View general journal