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Question 4 / Bonita Industries has accounts receivable of $98,500 at March 31, 2017.Credit terms are 2/10, n/30. At March 31,2017, there is a $1,977

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Question 4 / Bonita Industries has accounts receivable of $98,500 at March 31, 2017.Credit terms are 2/10, n/30. At March 31,2017, there is a $1,977 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. Balance, March 31 Estimated Percentage Uncollectible 2017 2010 Age of Accounts Current 1-30 days past due 31-90 days past due 2016 $69,600 70,010 12,000 8,670 9,7002,420 Over 90 days past due700 1.140 2% 31 49 $98.500 $82,240 Determine the total estimated uncollectibles The total estimated uncollectibles $

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