Exercise 7-14 (Algo) Calculate uncollectible accounts using the aging method; record adjustments [LO7. 5,7-6] Zuo Software categorizes is accounts receivable into four age groups for purposes of estimating its allowance for uncollectible accounts 1. Accounts not yet due $377,000, estimated uncollectible 10% 2 Accounts 1-30 days past due $47,200, estimated uncollectible-14% 3 Accounts 31-90 days past due $37,700, estimated uncollectible 18% 4. Accounts more than 90 days past due $28,200, estimated uncollectible 22% At 12/31/2021, before recording any adjustments, Zuo has a credit balance of $23,100 in its allowance for uncbilectible accounts Required: 1. Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts 2. What journal entry should Zuo record to adjust its allowance for uncollectible accounts? 3. Calculate Zuo's 12/31/2021 net accounts receivable balance. Required 1 Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts. Banos in Allowance for uncialscible accounts Required 2>