Current Attempt in Progress Sheridan Company has accounts receivable of $100,400 at March 31, 2025. Credit terms are 2/10,n/30. At March 31, 2025, there is a $2,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below