The following information relates to a companys accounts receivable: gross accounts receivable balance at the beginning of the year, $470,000; allowance for uncollectible accounts at the beginning of the year, $36,000 (credit balance); credit sales during the year, $1,800,000; accounts receivable written off during the year, $27,000; cash collections from customers, $1,950,000. Assuming the company estimates that future bad debts will equal 9% of the year-end balance in accounts receivable. 1. Calculate bad debt expense for the year. 2. Calculate the year-end balance in the allowance for uncollectible accounts.