6B-5 On October 1 the MARINO company switches to an allowance method using aging of accounts receivable. As of October 31, MARINO had an ending debit balance in accounts receivable of $330,000 and an ending credit balance in the allowance for bad debt account of $3,100 (prior to making the end of period adjusting entry). The following schedule gives the age breakdown of the $330,000 in accounts receivable: Age of Account less than 30 days 30 to 60 days 61 to 90 days more than 90 days Total Amount $140,000 60,000 95,000 35,000 S330,000 Bad Debt Percent 4 10 Required: show the appropriate T-account entry to recognize bad debt expense. Calculate the value of net accounts receivable