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 spould 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