Hunter, Inc analyzed its accounts receivable balances at December 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectibles Considered Age Group Balance Uncollectible 030 days bast du Sta.000 31-5 days past due 20.000 24 61-120 days paste 11.000 121.150 days pastor 6300 10 Over 10 days past due 4.000 25 5133.000 The company handles credit losses using the allowance method The credit balance of the Allowance for Doubtful Account is 5520 on December 31, before any adjustments a Determine the amount of the adjustment for estimated credit losses on December 31 5 0,040 X