The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents. The center has the balances on December 31, 2021, before any adjustment: Accounts Receivable = $105,000; Allowance for Uncollectible Accounts $3,500 (debit). The center estimates uncollectible accounts based on an aging of accounts receivable as shown below. Age Group Not yet due 0-60 days past due 61-120 days past due More than 120 days past due Total Amount Receivable $ 55,000 25,500 15,500 9,000 $ 105,000 Estimated Percent Uncollectible 34 159 25% 80% Required: 1. Estimate the amount of uncollectible receivables. Age Group Estimated Amount Uncollectible Not yet due 0-60 days past due 61-120 days past due More than 120 days past due Total $ 0 2. Record the adjusting entry for uncollectible accounts on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet