Mercy Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $70,000; Allowance for Uncollectible Accounts = $1,400 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Age Group	Amount Receivable						Estimated Percent Uncollectible
Not yet due		$	50,000					15	%
030 days past due			11,000					20	%
3190 days past due			8,000					45	%
More than 90 days past due			1,000					85	%
Total		$	70,000

Required:

1. Estimate the amount of uncollectible receivables.

2. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

3. Calculate net accounts receivable.