Can Am Limited is looking at their Accounts Receivable at Year End. They determine that they must write off two accounts. The first account is for Smith for $900 and one for Jones for 1,100. The balance before the write-offs in the Allowance for Doubtful Accounts is $600 credit. After they do the write-offs, the following are the aged balances and collection percentages for CanAm Limited on December 31, 2018, before the current year's provision for uncollectible accounts. Estimated Percentage Uncollectible Current Accounts $250,000 1.5% 1-30 days past due. 4% 31-60 days past due 8,000 1556 61-90 days past due 25% Over 90 days past due... 5.000 50% Total Accounts Receivable... $340,000 --- 75.000 2.000 Calculate the balance in the Allowance for Doubtful Accounts account after the write-offs and calculate the required balance at December 31, 2018, and what is the amount to recognize bad debts expense from the aging data. 512350 $10.950 $11.750 5.550