Young and Old Corporation $($YOC$)$ uses two aging categories to estimate uncollectible accounts.

Accounts less than $60$ days are considered young and have a $4\%$ uncollectible rate. Accounts more

than $60$ days are considered old and have a $35\%$ uncollectible rate.

Required:

If YOC has $$101,000$ of young accounts and $$410,000$ of old accounts, how much should be

reported in the Allowance for Doubtful Accounts?

If YOC's Allowance for Doubtful Accounts currently has an unadjusted credit balance of $$41,000,$

how much should be credited to the account?

If YOC's Allowance for Doubtful Accounts has an unadjusted debit balance of $$5,100,$ how much

should be credited to the account?