Exercise 8-5 Sunland Company has accounts receivable of $94,800 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,271 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 2016 Uncollectible Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due 2017 2010 $63,400 $80,240 7,500 2,170 1,130 $94,800 $91,040 13,200 11,000 7,200 32 54 Determine the total estimated uncollectibles The total estimated uncollectibles LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE