Crell Computers categorizes its accounts receivable into four age groups for purposes of estimating its allowance for uncollectible accounts. 1. Accounts not yet due - $60,000: estimated uncollectible - 5%. 2. Accounts 1-30 days past due = $15,000; estimated uncollectible - 10% 3. Accounts 31-60 days past due = $10,000; estimated uncollectible - 20%. 4. Accounts more than 60 days past due - $5,000; estimated uncollectible = 30%. What should be the balance in Crell's allowance for uncollectible accounts? Three requirements: 1. Prepare your answer to the above in the form of a spreadsheet. Please attach. 2. Record the journal entry. Assume the company had a zero beginning allowance (first year of business) 3. What is the net accounts receivable on the balance sheet