Question 8 of 14 -11 View Policies Current Attempt in Progress Blue Company has accounts receivable of $116,800 at March 31, 2020. Credit terms are 2/10,n/30. At March 31, 2020, there is a $1,400 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. Age of Accounts Estimated Percentage Uncollectible Balance, March 31 2020 2019 $77,300 $75,000 22,900 8,000 9,400 2.400 7,200 1,100 $116.800 $86,500 Current 1-30 days past due 31-90 days past due Over 90 days past due 3% 5% 24% 54% Part 1 Determine the total estimated uncollectibles Total estimated uncollectibles