Question 2 Sheffield Company has accounts receivable of $114,600 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $1,300 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 estimate of bad debts is shown below, Estimated Percentage Uncollectible Balance, Age of Accounts March 31 2020 2019 $75,200 $75,000 Current 1-30 days past due 31-90 days past due Over 90 days past due 2% 5% 22% 51% 23,100 8,000 9,000 2,400 7,300 1,100 $114,600 $86,500 Determine the total estimated uncollectibles Total estimated uncollectibles