The following information relates to a company's accounts receivable: accounts receivable balance at the beginning of the year, $320,000, allowance for uncollectible accounts at the beginning of the year, $21,000 (credit balance); credit sales during the year, $1, 050,000; accounts receivable written off during the year, $12,000; cash collections from customers, $950,000. Assuming the company estimates that future bad debts will equal 9% of the year-end balance in accounts receivable Required Calculate the year-end balance in the allowance for uncollectible accounts. Ending balance _________ Calculate bad debt expense for the year. Bad debt expense ______________