Exercise 7-11 Flounder, Inc. includes the following account among its trade receivables. Hopkins Co. | 1/1 | | Balance forward | | 760 | 1/28 | | Cash (#1710) | | 1,190 | 1/20 | | Invoice #1710 | | 1,190 | 4/2 | | Cash (#2116) | | 1,520 | 3/14 | | Invoice #2116 | | 1,520 | 4/10 | | Cash (1/1 Balance) | | 256 | 4/12 | | Invoice #2412 | | 2,110 | 4/30 | | Cash (#2412) | | 1,080 | 9/5 | | Invoice #3614 | | 490 | 9/20 | | Cash (#3614 and part of #2412) | | 908 | 10/17 | | Invoice #4912 | | 930 | 10/31 | | Cash (#4912) | | 930 | 11/18 | | Invoice #5681 | | 2,110 | 12/1 | | Cash (#5681) | | 1,308 | 12/20 | | Invoice #6347 | | 860 | 12/29 | | Cash (#6347) | | 860 | Age the balance. Balance 1/11/20 (Invoice #1710)3/14 (Invoice #2116)4/12 (Invoice #2412)9/5 (Invoice #3614)10/17 (Invoice #4912)11/18 (Invoice #5681)12/20 (Invoice #6347) | | $ | | Less than 1 month1 month to 3 months3 months to 6 months6 months to 1 yearOver 1 year | Balance 1/11/20 (Invoice #1710)3/14 (Invoice #2116)4/12 (Invoice #2412)9/5 (Invoice #3614)10/17 (Invoice #4912)11/18 (Invoice #5681)12/20 (Invoice #6347) | | | | Less than 1 month1 month to 3 months3 months to 6 months6 months to 1 yearOver 1 year | Balance 1/11/20 (Invoice #1710)3/14 (Invoice #2116)4/12 (Invoice #2412)9/5 (Invoice #3614)10/17 (Invoice #4912)11/18 (Invoice #5681)12/20 (Invoice #6347) | | | | Less than 1 month1 month to 3 months3 months to 6 months6 months to 1 yearOver 1 year | | | $ | | | | |