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 1.500 1,000 1,500 800 2,000 500 800 2,000 500 Total: 5,800 2.800 1,000 2,000 As is 39% 596 9% 2% 4% 896 Aging Category Proposed Current (Not past due) 1-60 past due 61+ days past duel 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. I What would be the adjusting entry under the As Is Calculation? What would be the adjusting entry under the Proposed Calculation?: Adjusting Entry under As is? Adjusting Entry under Proposed