Estimating Uncollectible Accounts and Reporting Accounts Receivable LaFond Company analyzes its accounts receivable at December 31. and arrives at the aged categories below along with the percentages that are estimated as uncollectible. The unused balance of the allowance for uncollectible accounts on December 31, before any adjustments, is $520. What amount of bad debts expense will LaFond report in its income statement for the year? $ _____ Use the financial statement effects template to record LaFonds bad debts expense for the year. What is the balance of accounts receivable on it December 31 balance sheet? $ _______