Sam's TVs ch Based on past experiences, Sam's TVs estimates the percentages probably uncollectible as follows: Not Due Yet, 1 percent; 1-30 Days Past Due, 2\%; 31-60 Days Past Due, 5\%; 61-90 Days Past Due, 10\%; and Over 90 Days Past Due, 20\%. Using the Balance Sheet Approach, estimate the amount of uncollectible accounts. (4 Points) Prepare the adjusting entry to bring the Allowance for Doubtful Accounts to the proper amount, assuming it had a credit balance of $235 before the above estimation. ( 2 Points) Assuming the above shows all of Sam's TVs credit sales and management estimates that 2% of credit sales are deemed uncollectible, use the Income Statement approach to find the amount of uncollectible accounts expense. (2 Points)