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Domino Company uses the aging of accounts receivable method to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Receivable and Allowance

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Domino Company uses the aging of accounts receivable method to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $76,500 and $5800, respectively. During the year, the company wrote off $4,640 in uncollectible accounts. In preparation for the company's Year 2 estimate, Domino prepared the following aging schedule, Number of Days Past Due Current @ to 30 31 to 60 61 to 90 Over 90 Total Receivables Amount $ 104,000 45,000 9,920 4,440 3.800 $167.160 Percentage Likely to Be Uncollectible 1x 5% 20% 25% Sex What will Domino record as Uncollectible Accounts Expomelor Year 2? March 1632 Total $ 167, 160 What will Domino record as Uncollectible Accounts Expense for Year 2? 22:09 Multiple Choice G $6,132 $1,512 $7,292 $4,640

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