b. During 2021, credit sales were $1,320.000, sales discounts taken were $25,000 accounts receivable collected were $1,124,900 and accounts written off during the year totalled $26,000 Prepare the adjusting entry required on December 31, 2021, to estimate uncollectible receivables assuming it is based on the following laging analysis December 33 202 Accounts Receivable $260,000 50,000 23,00 17,000 Age of Accounts Receivable sot due (under 3 days) 1 to 30 days past due 31 to 40 days past due Over 6 days past due Oncollect 4% 30% Vetration th