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Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $580,000. Or this amount, $70,000 remains receivable at

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Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2021, Pearl provides services on account of $580,000. Or this amount, $70,000 remains receivable at the end of the year. An aging schedule as of December 31 2021, is provided below. Amount Receivable $30,000 15,000 10,000 Estimated Percent Uncollectible 5% 10% Age Group Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total 30% 80% 15, eee $70,000 Required: 1. Calculate the allowance for uncollectible accounts Estimated 1), ut 10,000 38% - udy> past uue 91-180 days past due More than 180 days past due Total 80% 15,000 $70,000 Required: 1. Calculate the allowance for uncollectible accounts. Age Group Estimated Amount Uncollectible Not yet due 0-90 days past due 91-180 days past due More than 180 days past due Total

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