Ayayai Company has accounts receivable of $118,400 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $1,400 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is shown below. Estimated Percentage Uncollectible Balance, March 31 Age of Accounts 2020 2019 Current 3% 6% 1-30 days past due 31-90 days past due Over 90 days past due $80,700 $75,000 20,100 8,000 9,000 2,400 8,600 1,100 $118,400 $86,500 21% 50% Determine the total estimated uncollectibles. Total estimated uncollectibles $ Prepare the adjusting entry at March 31, 2020, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31