At the end of the current year (before adjusting entries), Autumn Corporation had a balance of $ 76,000 in Accounts Receivable and a credit balance of $ 11,000 in Allowance for Uncollectible Accounts. Service revenue (all on credit) for the year totaled $ 490,000.

1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Autumn Corporation estimates its uncollectible-account expense using a rate of 22% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

2. Now assume that Autumn Corporation uses the aging-of-receivables method. Autumn Corporation estimates that its Allowance for Uncollectible Accounts should have a credit balance of $21,000. Calculate the amount of its Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

There should be two amounts for each section. **There is not a financial statement for this**