CALOU Problem 8-01A a-d (Part Level Submission) Sarasota Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end. (a) Calculate the total estimated bad debts based on the information below. Total $388,000 0-30 $234,000 Number of Days Outstanding 31-60 61-90 91-120 $82,000 $39,000 $21,000 Over 120 $12,000 Accounts receivable 1% 4% 5% 7% % uncollectible Estimated bad debts $ $ Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO VIDEO LINK TO TEXT Attempts: 0 of 3 used