a) The aging of Torme Designs shown below. Calculate the amount of each periodicity range that is deemed to be uncollectible.

		Estimated	Uncollectible Assets
Age interval:	Balance:	Percentage:	Amount:
Not past due	850,000	3.50%
1-30 days past due:	47,500	5.00%
31-60 days past due	21,750	10.00%
61-90 days past due	11,250	20.00%
91-180 days past due	5,065	30.00%
181-365 days past due	2,500	50.00%
Over 365 days past due	1,145	95.00%
Total:	939,210

b) If the Allowance for Doubtful Accounts has a credit balance of $1,135.00, record the adjusting entry for the bad debt expense for the year.