Estimating Bad Debts Expense and Reporting Receivables then aged its accounts as follows. The company has experienced fosses as follows: 15 of current balances. 5% of talances 1-60 days past due, 15w of talances 61180 dayc past due, and itofe of balances over 1 80) thya past doe. The company continues to base its allowance for uncoltectible accounts on this aging analysed and percentages. 2. What amount of bad debts experist toes tarber report on its income staternens far the year? 1 b. Show how Barbery December 31 thalance sheet wil report the accounts receivable and the allowance for uncollectible accounts. Note: Round your answers to the nearest whole dollar. Note: Da not ise a negative ign with your answers