4. With the aging of receivables schedule below, estimate the bad debt expense for Kirchofff Industries' accounting year ended December 31, 20Y5. Prepare the journal entry to record the expense. Round answers to the nearest cent. Days Past Due Customer Total Balance 2,349,000 Not Past Due 1-30 31-60 1,70,300 181- over 61-90 91-80 365 365 467,100 392,100 178,400 51,500 51,500 52,400 37,200 Percent Uncollectible 1.5% 6% 10% 17% 33% 65% 85%