Required information [The following information applies to the questions displayed below.] On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Receivable $ 880,000 352,000 Age of Accounts Receivable Not yet due 1 to 30 days past due Expected Percent Uncollectible 1.30% 2.05 70,400 31 to 60 days past due 6.55 35,200 14,080 61 to 90 days past due Over 90 days past due 33.00 69.00 3. On June 30 of the next year, Jarden concludes that a customer's $5,900 receivable is uncollectible and the account is written off. Does this write-off directly affect Jarden's net income? Does this write-off directly affect Jarden's net income? Yes No