Estimating Uncollectible Accounts and Reporting Receivables over Multiple Periods Weiss Company, which has been in business for three years, makes all of its sales on credit and does not offer cash discounts. Its credit sales, customer collections and write-offs of uncollectible accounts for its first three years follow. Sales Collections Accounts Written Off 2018 5659.700 1614400 $4,770 2019 771,300 757,500 5220 2020 $50,500 835.200 5.850 Year a Weiss recognizes bad debts expense as 1% of sales. (Hint: This means the atlowance account is increased by 1 of credit sales regardless of any write-offs and unused balances. What does Weiss's 2020 balance sheet report for accounts receivable and the allowance for uncollectible accounts? (Hint: To determine allowance for uncollectible accounts amount, compute answers for part b.) Note: Round your answers to the nearest whole dollar Note: Do not use a negative sign with your answers Current Assets Accounts receivable Less allowance for uncollectible accounts b. What total amount of bad debts expense appears on Weiss income statement for each of the three years? 2018 Baddebit espere 2019 Bad debt expense 2000 nad det expense 0 D