3 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) Part 1 of 2 Daley Company prepared the following aging of receivables analysis at December 31. 2 points Days Past Due Accounts receivable Percent uncollectible Total $660,000 $414,000 1% 1 to 30 $108,000 2% 31 to 60 $54,000 5% 61 to 90 $36,000 7% Over 90 $48,000 10% eBook Exercise 7-8 Aging of receivables method LO P3 Hint Ask a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5,400 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,900 debit. References Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible (%) Not due: X 1 to 30 X 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles