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Flint Corporation uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end. (a) Calculate

image text in transcribedimage text in transcribed Flint Corporation 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 information below. Numbe Total 0-30 31-60 Accounts receivable $537,000 $376,000 $85,000 % uncollectible Estimated bad debts $ $ 1% A 4% A Number of Days Outstanding $ 61-90 $48,000 5% $ 91-120 Over 120 $18,000 9% $ $10,000 11%

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