Exercise 5-10A Record the adjusting entry for uncollectible accounts using the aging method (LO5-5) Mercy Hospital has the following balances on December 31, 2021, before any adjustment Accounts Receivable - $68,000: Allowance for Uncollectible Accounts = $1,300 (credit), Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below. Age Group Not yet due 0-30 days past due 31-90 days past due More than 90 days past due Total Amount Receivable $48,000 10,800 7,800 1,400 $ 68,000 Estimated Percent Uncollectible 200 258 400 801 Required: 1. Estimate the amount of uncollectible receivables. Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-90 days past due *** Not yet due 0-30 days past due 3190 days past due More than 90 days past due $ 48,000 10,800 7,800 1,400 $ 68,000 Total Required: 1. Estimate the amount of uncollectible receivables. es Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-90 days past due More than 90 days past due Total 3. Calculate net accounts receivable. Total Accounts Receivable MIN Net Accounts Receivable