For Bellagio Corp. what is the required balance in the Allowance for Doubtful Accounts based on the following: $100,000 current balance 1% allowance 60,000 past due 1-30 days 6,000 past due 31-60 days 3,000 past due 61-90 days 1,000 past due over 90 days 3% allowance 10% allowance 40% allowance 70% allowance Multiple Choice Required balance in Allowance for Doubtful Accounts is $4,300. Required balance in Allowance for Doubtful Accounts is $5,680. Required balance in Allowance for Doubtful Accounts is $21,500. Required balance in Allowance for Doubtful Accounts is $5,300.