Exercise 8-5 Vaughn Manufacturing has accounts receivable of $97,900 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $1,951 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 Age of Accounts 2017 2016 Uncollectible Current 1-30 days past due 12,000 7,26 31-90 days past due 9,900 2,500 Over 90 days past due 7,000 1,060 $69,000 $80,200 2% 28 53 $97,900 $91,020 Determine the total estimated uncollectibles. The total estimated uncollectibles SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE