Valdez Company uses the percent of receivables method to estimate uncollectible accounts expense. Valdez began 2011 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $45,250 and $3,040 (credit), respectively. During the year, the company wrote off $3,720 in uncollectible accounts. In preparation for the company's 2011 estimate, Valdez prepared the following aging schedule (Do not round your intermediate calculations. Round your final answer to two decimal places): Number of Days Receivables Past Due % Likely to be Amount Uncollectible Current $27,400 15% 0-30 $14,050 19% 31-60 $2,620 24% 61-90 $1,250 39% Over 90 $1,650 64% Total $46,970 What will Valdez record as Uncollectible Accounts Expense for 2011? What will Valdez record as Uncollectible Accounts Expense for 2011? Multiple Choice: $3,720.00 $8.951.80 $10.67780 $9,631.80