Question $2$ of $4$

$\frac{0\mathrm{.}5}{1}$

Oriole Company has accounts receivable of $$108,600$ at March $31,2027.$ Credit terms are $\frac{2}{10},\frac{n}{30}.$ At March $31,2027,$ there is a $$1,500$ 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,$\backslash$table$[[$Balance$,],[$March $31]],\backslash$table$[[$Estimated Percentage$],[$Uncollectible$]]],[2027,2026,],[$Current$,$$$71,900,$$$75,000,3\%$