Debra.com 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. Numb Total 0-30 31-60 Accounts receivable $438.000 $273,000 $82,000 % uncollectible Estimated bad debts 1% 4% $ 31-60 $82,000 Number of Days Outstanding 61-90 $48,000 91-120 Over 120 $23,000 4% 5% 7% $ $12,000 11%