Exercise $7-6$A $($Algo$)$ Effect of recovering A receivable previously written off LO $7-1$Renue Spa had the following balances at December $31,$ Year $2$: Cash of $$11,000,$ Accounts Receivable of $$83,000,$ Allowance for Doubtful Accounts of $$2,100,$ and Retained Earnings of $$91,900.$ During Year $3,$ the following events occurred:$$2,300$ of accounts receivable were written off as uncollectible.Renue unexpectedly collected $$170$ of receivables that had been written off in a previous accounting period.Services provided on account during Year $3$ were $$220,000.$Cash collections from receivables were $$222,018.$Uncollectible accounts expense was estimated to be $1$ percent of the sales on account for the period.Required:Organize the transaction data in accounts under an accounting equation.Based on the preceding information, compute $($after year$-$end adjustment$)$:$(1)$Balance of Allowance for Doubtful Accounts at December $31,$ Year $3.(2)$Balance of Accounts Receivable at December $31,$ Year $3(3)$Net realizable value of Accounts Receivable at December $31,$ Year $3.$What amount of uncollectible accounts expense will Renue Spa have for Year $3?$