Based on past collections history, management estimates the percentage uncollectible as follows: 030 31-60 61-90 91-120 over 120 Number of days outstanding Estimated percentage uncollectible 0.5% 2% 5% 10% 50% 1. Determine the total estimated amount uncollectible (ending AFDA). % uncollectible Amount uncollectible $ 0.50%|| 2,308.71 $ 2% 2,520.49 5% 5,254.90 10% 3,282.98 $ $ 50% $ 21,681.65 TOTAL AFDA $ 35,048.72 2. Prepare the journal entry on December 31st to adjust the allowance for doubtful accounts to the appropriate ending balance. The allowance for doubtful accounts has an unadjusted credit balance of $4,500. Credit Date 31-Dec Account Titles Bad debt Expense Allowance for doubtful accounts Debit 30,548.72 30,548.72 3. Critical Thinking: How would the journal entry you've just created affect the accounts receivable turnover and average collection period that you calculated in Question 1