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Crane Company has accounts receivable of $96,800 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,018 credit

Crane Company has accounts receivable of $96,800 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,018 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The companys estimates of bad debts are as shown below.

Balance, March 31

Estimated Percentage Uncollectible

Age of Accounts

2022

2021

Current

$67,300

$78,800

2 %

130 days past due

12,000

8,350

5

3190 days past due

10,500

2,600

32

Over 90 days past due

7,000

1,050

47

$96,800

$90,800

(a)

Determine the total estimated uncollectibles at March 31, 2022.

Total estimated uncollectibles $Enter a dollar amount

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