[LO8-1] Charming Paper Company sells to the 12 accounts listed here. Receivable Balance Average Age of the Account ook Account Outstanding Over the Last Year A $60,800 22 B int 172,000 44 C 76,100 14 int D 29,400 59 E 58,300 43 ences 238,000 36 33,800 18 367,000 70 43,500 38 99,300 51 241,000 63,200 14 39 Capital Financial Corporation will lend 90 percent against account balances that have averaged 30 days or less, 80 percent for account balances between 31 and 40 days, and 70 percent for account balances between 41 and 45 days Customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan