Brown Cow Bairy uses the aging approach to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three time periods as follows: For each age zroup, the average loss rate on the amount of the receivable due to uncoliectibility is estimated as follows At December 31 (end of the current yeat), the Allowance for Doubdil Accounts balance was Seoo (credit) belore the end of -perlod adjusting entry is made Bequired: 1 Piepare a schedule to estimate an appropriate vea end balance tor the Allowsice for Doubtful Accosints. 2. What amount of Bad Debt Eapense should be recorded on Dectmber 31? 3. If the unadgusted balance in the Allowance for Doubthul Accounts was a 5600 debit balance. 31 whil amount of Ead Debt Eapense should be retordeis on December 11