Ivanhoe Company has accounts receivable of $$92,700$ at March $31,2022.$ Credit terms are $\frac{2}{10},\frac{n}{30}.$ At March $31,2022,$ there is a $$2,196$ 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.

$\backslash$table$[[$Age of Accounts,Balance, March $31,\{$

$\backslash$table$[[$Estimated Percentage$],[$Uncollectible$]]\}],[2022,2021],[$Current$,$$$60,300,$$$67,720,,\%$