Work this additional problem and answers related to the Allowance for Uncollectible Accounts. (Refer to async card 3.4.1 if assistance is needed). Below is a company's Accounts Receivable aging schedule. The company uses the AR Aging method to estimate uncollectible accounts. The existing balance in the Allowance for Uncollectible Account is $14,800. Please note there was not an existing balance in your async example. Here you are posed a new challenge. Management already has $14,800 in this account from a previous account period which you must consider when making the adjusting entry. Fiscal year Accounts Not Yet Due Accounts 31-60 Days Past Due Accounts 61-90 Days Past Due Accounts over 91 Days Past Due Estimated % Accounts of Receivable Balance Uncollectible 620,000 2% 360,000 6% 110,000 15% 54,000 30% 1) What is the dollar amount that should be added to the Allowance for Uncollectible Accounts for the 12/31/20 year end adjusting entry? (Don't forget about the existing balance!) 2) Explain in text format how this would be recorded on the Financial Statement Impact Template (describe what goes up and what goes down). 3) What is the Net Realizable Value of Accounts Receivable on the 12/31/20 Balance Sheet. 4) Assume that on March 14, 2021 the company determines that a customer with a $2300 balance has filed for bankruptcy and will not pay your bill. Explain in text format how would this be recorded on the Financial Statement Impact Template (describe what goes up and what goes down).