The following Information relates to a company's accounts recelvable: accounts recelvable balance at the beginning of the year, $420,000; allowance for uncollectible accounts at the beginning of the year, $31,000 (credit balance); credit sales during the year, $1,550,000; accounts recelvable written off during the year, $22,000; cash collections from customers, $1,600,000. Assuming the company estimates that future bad debts will equal 9% 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 bealance 2. Bad debt expense