Gator 5 Answer saved Marked out of 14.00 p Flap question 10 Reporting Uncollectible Accounts and Accounts Receivable LaFond Company analyzes its accounts receivable at December 31, 2016, and arrives at the aged categories below along with the percentages that are estimated as uncollectible. , Age Group Accounts Receivable Estimated loss % Current inot past due $250,000 3.205 1-50 days past due anna 31-6.Days past due 20.CIDI 61-120 days past du 11.000 50 121-120 days past due 6.000 10.0 Over 180 days pasi due 4000 25.0 Total accounts receivable $331,000 2.01 At the beginning of the fourth quarter of 2016, there was a credit balance of $4,390 in the Allowance for Uncollectible Accounts. During the fourth quarter, LaFond Company wrote off $3,790 in receivables as uncollectible. a. What amount of bad debts expense will La Fond report for 2016? $o SO b. What is the balance of net accounts receivable that it reports on its December 31, 2016, balance sheet? SO c. Set up T-accounts for both Bad Debts Expense and for the Allowance for Uncollectible Accounts. Enter any unadjusted balances along with the dollar effects of the information described including your results from parts a and b). Bad Debts Expense Allow. For Uncoll. Accounts lal CI Rrg Hal CI Beance 0 0 Writer a CI 0 0 0 0 Balance 0 0 0