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 company's estimates of bad debts are as shown below. Balance, March 31 Estimated Percentage Age of Accounts 2022 2021 Uncollectible Current $67,300 $78,800 2 % 1-30 days past due 12,000 8,350 5 31-90 days past due 10,500 2,600 32 Over 90 days past due 7,000 1,050 47 $96,800 $90,800