The following information relates to a company's accounts receivable: accounts receivable balance at the beginning of the year, $300,000; allowance for unc $1,500,000; accounts receivable written off during the year, $16,000; cash collections from customers company estimates that future bad collectible accounts at the beginning of the year, $25,000 (credit balance); credit sales during the year, $1,450.000. Assuming the debts will equal 10% of the year-end balance in accounts receivable. 1.Calculate the year-end balance in the allowance for uncollectible accounts. 2. Calculate bad debt expense for the year. 1. Ending balance 2. Bad debt expense