The following information pertains to Jacobsen Co's accounts receivable at December 31, 2016: During 2016, Jacobsen wrote off $I8,000 in receivables and recovered $6,000 that had been written off in prior years. Jacobsen's December 31, 2015, allowance for uncollectible accounts was $40,000. Under the aging method, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2016? a. $28,000. b. $31, 400. c. $55, 400. d. $49, 400. When you use an aging schedule approach for estimating uncollectible accounts: a. Bad debts expense is measured indirectly, and the allowance for uncollectible accounts balance is measured directly. b. Bad debts expense is measured indirectly, and the allowance for uncollectible accounts balance is measured indirectly. c. Bad debts expense is measured directly, and the allowance for uncollectible accounts balance is measured directly. d. Bad debts expense is measured directly, and the allowance for uncollectible accounts balance, is measured indirectly. Sah Mateo Company had the following account balances at December 31, 2016, before recording bad debt expense for the year: Accounts receivable $1, 400,000 Allowance for uncollectible accounts (credit balance} 22,000 Credit soles for 2016 1, 950,000 San Mateo is considering the following approaches for estimating bad debts for 2016: Based on 3% of credit sales Based on 6% of year-end accounts receivable What amount should San Mateo charge to bad debt expense at the end of 2016 under each method