Estimating Uncollectible Accounts and Reporting Accounts Receivable Mohan Company estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various aged categories of accounts. Mohan computes a total of $2,940 in estimated uncollectible accounts as of its current year-end. Its accounts receivable has a balance of $120,400, and its allowance for uncollectible accounts has an unused balance of $980 before any year-end adjustments. a. What amount of bad debt expense will Mohan report in its income statement for the current year? $ b. Determine the net amount of accounts receivable reported in current assets at year-end. $