eck Electronics sells a diagnostic machine to a hospital with a fouryear payment plan. The company would like to estimate the bad debt allowance needed cover the notes outstanding over the next four years. Estimated lost cash flows and the probability of occurrence for each of the next four years are nmarized in the following schedule. Use the blue shaded areas on the ENTERANSWERS tab for inputs. Aways use cnll reterences and foemulas where appropiate to recelve full credit. If you copy/paste from the instriction tab you will be marked wrons. tequirement What is the estimated bad debt allowance at December 31, 2022? Saving 8 Submitting Solution 2 Save file to desiktop. a. Create folder on desktop, and label COMPLETED EXCEL PROJECTS b. Save your solution in the folder you just created; add -solution-date to end of file name 2 Upload and submit your file to be graded. a. Navigate back to the activity window - screen where you downloaded the initial spreadsheet b. Click Choose button under step 3; locate the file you just saved and click Open c. Click Upload button under step 3 d. Cick Submit button under step 4 Viewing Results 1 Cick on Results tab in MyAccountinglab 2 Cick on the Assignment you were working on 3. Click on Project linik this wili bring up your Score Summary A Within Score Summary window, click on Download (upper right) to downioad the spreadsheet with feedback