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Show work please! 26. On December 31, 2017, Vale Company had an unadjusted balance of $9,700 in its allowance for uncollectible accounts. You perform an

Show work please!

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26. On December 31, 2017, Vale Company had an unadjusted balance of $9,700 in its allowance for uncollectible accounts. You perform an aging analysis of its accounts receivable: Age 0-30 days 31-60 days Over 60 days Amount $85,000 $15,000 $7,500 Estimated % Uncollectible 5% 15% 40% Based on this analysis, what do you believe gross accounts receivable, the allowance for uncollectible accounts, and net accounts receivable should be reported at on the balance sheet? (6 points)

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