Sant View Book Det Window Maxwell Inc analyred its accounts receivable balances December 31, and arrived at the aged balances listed below long with the percentage that is estimated to be colectible Considered Age Group Balance Uncollectible dapat de $100,000 1 31-60 days past due 18.000 39 51-120 days 20,000 en 121-1 days past 7,000 TON Over todas as 2.000 201 11107.000 The company handles credit losses using the allowance method The credit balance of the Allowance for Doubtful Account is 5540 on December 31, before any adjustments a. Determine the amount of the adjustment for estimated credit fosses on December 31 b. Determine the financial statement effect of a write off of Porter Company's account on the following May 12 in the amount of $480 Use negative signs with answers, when appropriate If a transaction increases and decreases the same Balance Sheet category. enter the increase amount is the first row and the decrease amount directly below in the second row Balance sheet Income Statement Stockholders Assets - Labutis Equity Revenues tepenses Net Income o 0 0 Previous Save Answers 18 MacBook Air