Presented below is an aging schedule for Wildhorse Co. at December 31, 2021. Number of Days Past Due Not Yet Due Over 90 Customer Total 1-30 31-60 61-90 Aneesh $ 21,800 $10,400 $11,400 Bird 37,000 $ 37,000 Cope 56,100 5,400 6,200 $44,500 DeSpears 34,400 $34,400 Others 126,200 94,700 17,100 14,400 $275,500 $137,100 $33,700 $25,800 $44,500 $34,400 Estimated percentage uncollectible 3% 7% 12% 24% 60% Total estimated uncollectibles $ 40,888 $ 4,113 $ 2,359 $ 3,096 $ 10,680 $20,640 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,900. Journalize the following events and transactions in the year 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (1) March 1, a $1,300 customer balance originating in 2021 is judged uncollectible. (2) May 1, a check for $1,300 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Cre (1) (2) (To reverse write-off) (To record collection of write-off) Post to the allowance account the events and transactions in the year 2022. Bad Debt Expense 12/31/21 27,988 12/31/21 Bal. 27,988 Allowance for Doubtful Accounts 12/31/21 Bal. 12,900 12/31/21 27,988 12/31/21 Bal. 40,888