Exercise 8-5 Indigo Corporation has accounts receivable of $92,100 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,081 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Balance, March 31 Estimated Percentage 2017 2016 Uncollectible Age of Accounts Current 2% $63,500 $80,330 11,700 7,610 31-90 days past due 10,300 2,480 over 90 days past due 6,6001,030 $92,100 $91,450 1-30 days past due 31 51 Determine the total estimated uncollectibles. The total estimated uncollectibles SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE Prepare the adjusting entry at March 31, 2017, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit