Ingles Company has accounts receivable of $99,700 at March 31. An analysis of the accounts shows the following. Month of Sale Balance, March 31 March $77,900 February 23,000 January 8,900 Prior to January 8,000 $117,800 Credit terms are 2/10, n/30. At March 31, Allowance for Doubtful Accounts has a credit balance of $1,300 prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is as follows. Age of Accounts Estimated Percentage Uncollectible 1-30 days 3.0% 31-60 days 6.0% 61-90 days 31.0% Over 90 days 51.0% Determine the total estimated uncollectibles. $ Prepare the adjusting entry at March 31 to record bad debts expense. Date Description/Account Debit Credit Mar. 31