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The Account Receivable Aging Schedule of the company at the end of the accounting period of year xxx1, has the following data of their accounts

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The Account Receivable Aging Schedule of the company at the end of the accounting period of year xxx1, has the following data of their accounts payable. The balance of the "Allowance for Uncollectible Accounts" before the adjustment is $310. Balance Outstanding Days Percent % $ 74,200 0 0 - 30 days 1 % $ 18,500 31-60 days 3 % $ 9,200 61-90 days 5% $ 7,700 9 1 - 120 days 15 % (4 points) 1. What is the balance of the Allowance for Uncollectible Accounts after the adjustment? a) $ 29,120 b) $ 2,605 c) $ 2,912 You MUST show your calculations

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