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Cullumber Company has accounts receivable of $ 9 8 , 5 0 0 at March 3 1 , 2 0 2 5 . Credit terms

Cullumber Company has accounts receivable of $98,500 at March 31,2025. Credit terms are 210,n30. At March 31,2025, there is a $2,000 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.
\table[[,Balance, March 31,],[Age of Accounts,2025,2024,\table[[Estimated Percentage],[Uncollectible]]],[Current,$69,600,$70,010,2% gggggggggggggoooooooooooooooooo
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