An aging analysis of Cato Limited's accounts receivable at December 31, 2021 and 2020, showed the following: Accounts Receivable Number of Days Outstanding 2021 2020 Estimated Percentage Uncollectible 0-30 days $297,300 $320,200 3% 31-60 days 64,000 114,000 6% 61-90 days 86,700 75,800 12% Over 90 days 128.900 50,200 24% Total $576,900 $560,200 Additional information: 1. At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts was a credit of $8,800. In 2021. $42,300 of accounts were written off as uncollectible and $3,000 of accounts previously written off were recovered. 2. Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31, 2020 and 2021. Note that the estimated percentages uncollectible are the same for both years. Total estimated allowance balance at Dec. 31, 2020: Number of Days Outstanding Accounts Receivable Estimated Percentage Uncollectible Estimated Uncollectible Accounts 0-30 days $320,200 3% $ 31-60 days 114,000 6% 61-90 days 75,800 12% Over 90 days 50,200 24% $560,200 Total $ Total estimated allowance balance at Dec 31, 2021: Number of Days Outstanding Accounts Receivable Estimated Percentage Uncollectible Estimated Uncollectible Accounts Total estimated allowance balance at Dec 31, 2021: Number of Days Outstanding Accounts Receivable Estimated Percentage Uncollectible Estimated Uncollectible Accounts 0-30 days $297,300 3% $ 31-60 days 64,000 6% 61-90 days 86,700 12% Over 90 days 128,900 24% $ $576,900 Total List of Accounts Record the adjusting entry relating to bad debts on December 31, 2020. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Record the write off of uncollectible accounts in 2021. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Record the collection of accounts previously written off in 2021. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit (To reverse write off of account receivable) (To record collections) List of Accounts Prepare the adjusting entry relating to bad debts on December 31, 2021. (list all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Calculate the carrying amount of Cato's accounts receivable at December 31, 2020 and 2021 2021 2020 Carrying amount $ List of Accounts