Cullumber Company 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 below information. Number of Total 0-30 31-60 Accounts receivable $90,000 $381,000 $220,000 1% 496 uncollectible Estimated bad debts $ Cullumber Company 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 below information. Number of Total 0-30 31-60 Accounts receivable $90,000 $381,000 $220,000 1% 496 uncollectible Estimated bad debts $