Daley Company prepared the following aging of receivables analysis at December 31. Accounts receivable Total $570,000 0 $396,000 Percent uncollectible 1% Required: 1 to 30 Days Past Due 31 to 60 61 to 90 Over 90 $90,000 2% $36,000 5% $18,000 $30,000 7% 10% a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. 4.50%