Sheffield Company has accounts receivable of $114,600 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $1,300 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 estimates of bad debts are as shown below. Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due 2022 Balance, March 31 $75,200 23,100 9,000 7,300 $114,600 2021 $75,000 8,000 2,400 1,100 $86,500 Estimated Percentage Uncollectible 2% 5% 22% 51%

Sheffeld Company has accounts receivable of $114,600 at March 31,2022. Credit terms are 2/10,n/30,At March 31, 2022, there is a $1,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percehtage-of-receivabies basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below