The company has estimated, based on historical information, that 4.15% of its accounts receivable will ultimately not be collected. Therefore, they provide an allowance for bad debts at that level. Calculate the estimated amount for the allowance at December 31,2021 and prepare the adjusting journal entry n Accounts receivable balance per the unadjusted trial balance Estimated allowance amount (Round answer to the nearest dollar and show your calculation below for full credit). The company has estimated, based on historical information, that 4.15% of its accounts receivable will ultimately not be collected. Therefore, they provide an allowance for bad debts at that level. Calculate the estimated amount for the allowance at December 31,2021 and prepare the adjusting journal entry n Accounts receivable balance per the unadjusted trial balance Estimated allowance amount (Round answer to the nearest dollar and show your calculation below for full credit)