Noren Company uses the balance sheet aging method to account for uncollectible debt on receivables. The following is the past-due category Information for outstanding receivable debt for 2019, 0-30 days 31-90 days Over 90 days past due past due past due Accounts receivable amount $150,000 $90,000 $66,000 Percent uncollectible 7% 20% 40% Total per category 7 2 ? Total uncollectible 7 To manage earnings more favorably, Noren Company considers changing the past due conegorles as follows. 0-60 days 61-120 days Over 120 days past due past due past due Accounts receivable amount $170,000 $50,500 $55,000 4096 Percent uncollectible 7% 20% Total per category ? ? ? Total uncollectible ? A. Complete each table by filling in the blanks. A. Complete each table by filling in the blanks. 0-30 days 31-90 days Over 90 days past due past due past due Accounts receivable Amount $150,000 $90,000 $66,000 Percent uncollectible 7% 20% 40% Total per category 10,500 18,000 26,400 Total uncollectible 54,900 0-60 days 61-120 days Over 120 days past due past due past due Accounts receivable Amount $170,000 $50,500 $55,000 Percent uncollectible 7% 20% 40% Total per category 11,900 10,100 22,000 Total uncollectible 44,000 B. Determine the difference between totals uncollectible. 10,900 C. Complete the following comparative Income statements for 2019, showing net Income changes as a result of the changes to the balance sheet aging method categories NOREN COMPANY Comparative Income Statments Year Ended December 31, 2019 Original Categories Categories Change Net Credit Sales $1,260,000 $1,260,000 Cost of Goods Sold 60,000 60,000 Gross Margin $1,200,000 $1,200,000 Expenses: General and Administrative Expense $300,500 $300,500 Bad Debt Expense Total Expenses Net Income (Loss)