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> 1 2 3 4 S 6 7 B 9 10 11 12 13 14 15 16 17 18 19 9:45 BE 8.5 A B C D E F G H Patrick Kitenge Number of days outstanding Accounts Reveivable 0-30 31.00 61-90 Over 90 days Total 245000 70000 45000 20000 400000 Estimated % uncollected Estimated uncollected accounts) 1% 2650 4% 2800 30% 20% 4500 4000 13950 Carrying amount Accounts receivable- Estimated uncollected accounts 400000-13950-336050 Q ... M N 0 P Q R Prepare the current assets section of the balance sheet for Gourdeau Co. Assume that, in addition to the receivables, it has cash of $90,000, merchandise inventory of $130,000, and prepaid insurance of $7,500
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