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Exercise 8-5 (Part Level Submission) Tamarisk, Inc. has accounts receivable of $96,500 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017,

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Exercise 8-5 (Part Level Submission) Tamarisk, Inc. has accounts receivable of $96,500 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there Is a $2,244 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. Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due 2017 2016 Uncollectible $66,000 $%79,900 7,930 2,540 1,060 $96,500 $91,430 13,000 10,600 6,900 (a) Determine the total estimated uncollectibles

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