2:2 Points) Company B also uses the Analysis of Receivables method. However, Management has asked us to take a look at the Income Statement Impact if we change the Uncollectible Percentages for Each Budget of Aging. The aging schedule looks like the following: Customer Total Due Current 1-60 Past Due 61+ Past Due 1,000 1,000 1,500 1,500 A B D E 800 800 2,000 500 2,000 500 Total: 5,800 2,800 1,000 2.000 As Is 3% Aging Category Current (Not past due) 1 - 60 past due 61+ days past due Proposed 2% 4% 8% 5% 9% The balances in the accounts before any adjustments are as follows: current Sales are $400,000, Allowance for Doubtful Accounts has a Credit balance of $250, and bad debt expense has a debit balance of $2,000. What would be the adjusting entry under the As Is Calculation? What would be the adjusting entry under the Proposed Calculation