Estimating Uncollectible Accounts and Reporting Accounts Receivable

LaFond Company analyzes its accounts receivable at December $31,$ and arrives at the age categories below along with the percentages that are estimated as uncollectible.

The balance of the allowance for uncollectible accounts is $$450$ on December $31,$ before any adjustments.

$($a$)$ What amount of bad debts expense will LaFond report in its income statement for the year?

$

$($b$)$ Use the financial statement effects template to record LaFond's bad debts expense for the year.

Use negative signs with your answers, when appropriate.

$($c$)$ What is the balance of accounts receivable on it December $31$ balance sheet?