Buffet Company had a $300 debit balance in Allowance for Doubtful Accounts at December 31, 2017, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Estimated Percentage Uncollectible Current Accounts $170,000 1% 1-30 days past due 15.000 3% 31-60 days past due 12,000 6% 61-90 days past due 5,000 15% Over 90 days past due 9.000 30% Total Accounts Receivable $211.000 Requirement: 1. Calculate the uncollectible amount. Show your work. 2. Prepare the adjusting entry on December 31, 2017, to recognize bad debts expense