Walters Company uses the aging of receivable method to estimate Bad Debt Expense. The balance in each account receivable is aged based on three categories as follows: (1) 1 - 30 days old, (2) 31-90 days old, and (3) more than 90 days old. Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows: (1) 1\%, (2) 15%, and (3) 40%, respectively. At December 31, 2022, the unadjusted credit balance in the Allowance for Doubtful Accounts was $80. the total Accounts Receivable in each age category were (1) 130 days old, $52,000, (2) 3190 days old, $8,000, and (3) more than 90 days old, $3,200. Required: 1. Calculate the estimate of uncollectible accounts at December 31, 2022. 2. Prepare the adjusting entry for bad debts on December 31, 2022. 3. Calculate the Net Accounts Receivable (Accounts Receivable, Net) that will be on the December 31, 2022, balance sheet. 4. Record the journal entry to write off a specific customer's account in the amount of $850 deemed to be uncollectible on January 1, 2023. 5. Assuming no other transactions occurred on January 1, 2023, calculate the Net Accounts Receivable immediately after the write-off. 6. Record the journal entries to record the collection of the $850 account that was previously written-off