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Question 8 (8 points) Baltimore Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has a

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Question 8 (8 points) Baltimore Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has a balance that consists of Estimated Dollar Value Age of Account Collectible $130,000 30 days old 98% 30 to 60 days old 70,000 90% 61 to 120 days old 25,000 71% 11,000 > 120 days old 15% The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000 and the Bad Debt Expense accounts has an unadjusted balance of zero. After the adjusting entry is made, what will be the dollar balances in the Allowance for Doubtful Accounts? Round to nearest whole dollar

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