Carmack Company has credit sales of 2.6 million for the year2011. On December 31

Carmack Company has credit sales of 2.6 million for the year2011. On December 31 2011 the companys Allowance for DoubtfulAccounts has an unadjusted credit balance of $13400. Carmackprepares a schedule of its December 31 2011 accounts receivableby age. On the basis of past experience it estimates the percentof receivables in each age category that will become uncollectible.This information is summarized here.