Because of poor credit controls, Haman Web Design has a high rate of bad debt. Before the year end adjustments on February 28, 2023, the company's allowance for doubtful accounts had a debit balance of $18,500. The year-end balance for the allowance for doubtful accounts will be based on the aging schedule shown below: Do not enter dollar signs or commas in the input boxes. a) Fill in the table to calculate the balance for the Allowance for Doubtful Accounts. Aging Category Bad Debt % Balance Estimated Bad Debt Less than 20 days 1% $276,000 20-30 days 3.5% $82,000 31-60 days 7% $61,000 61-90 days 12% $39,000 91-120 days 22% $20,000 Over 120 days 43% $15,000 6103.000 20-30 days 3.5% $82,000 31-60 days 7% $61,000 61-90 days 12% $39,000 91-120 days 22% $20,000 Over 120 days 43% $15,000 Total $493,000 b) Prepare the journal entry to record bad debt expense for the year. Date Account Title and Explanation Feb 28 Record bad debt expense Debit Credit