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AMC Theatre's controller prepares the following A/R aging schedule on December 31st, 2019: Age of Receivable Gross A/R % estimated to be uncollectible Current $140,000

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AMC Theatre's controller prepares the following "A/R aging schedule on December 31st, 2019: Age of Receivable Gross A/R % estimated to be uncollectible Current $140,000 3% 1 - 60 days past due $115,000 5% 61 - 120 days past due $70,000 12% Over 120 days $45,000 21% past due TOTAL $370,000 Based on the A/R aging schedule, how much is the balance for the allowance for uncollectible accounts as of 12/31/2019

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