> December 31: Aging Class (Number of Days Past Due) 0-30 days 31-60 days 61-90 days 91-120 days More than 120 days Total receivables Receivables Balance Estimated Pe on December 31 Uncollectible / $715,000 1 % 2 310,000 102,000 15 76,000 30 97,000 60 $1,300,000 Journalize the write-offs for under the direct write-off method. If an amount box does not require an entry, leave it blank. b. Journalize the write-offs and the year-end adjusting entry under the allowance method, assuming that the allowance account had a beginning credit balance of $95,000 on January 1 and the company uses the analysis of receivables method. For a compound transaction, if an amount box does not require an entry, leave it blank. Write-off Adjustment 00000 c. How much higher (lower) would Seaforth International's net income have been under the allowance method than under the direct write-off method?