At the end of the current year​ (before adjusting​ entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Receivable and a credit balance of $ 11 comma 000 in Allowance for Uncollectible Accounts. Service revenue​ (all on​ credit) for the year totaled $ 470 comma 000. Read the requirementsLOADING.... Requirement 1. Using the​ percent-of-sales method, calculate the amount of​ Uncollectible-Account Expense if Summer Corporation estimates its​ uncollectible-account expense using a rate of 3​% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario? Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method. The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario. Requirement 2. Now assume that Summer Corporation uses the​ aging-of-receivables method. Summer Corporation estimates that its Allowance for Uncollectible Accounts should have a credit balance of $ 26 comma 000. Calculate the amount of its​ Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario? Summer Corporation has $ of uncollectible-account expense using the aging-of-receivables method. The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.