Novak Corp. sells office equipment and supplies to many organizations in the city and surrounding area on contract terms of 2/10, n/30. In the past, over 75% of the credit customers have taken advantage of the discount by paying within 10 days of the invoice date. The number of customers taking the full 30 days to pay has increased within the last year. Current indications are that less than 60% of the customers are now taking the discount. Bad debts as a percentage of gross credit sales have risen from the 2.1% average in past years to about 5.1% in the current year. The company's Finance Committe h as requested more information on the collections of accounts receivable. The controller responded to this request with the following report. The fact that some credit accounts will prove uncollectible is normal. Annual bad debt write-offs have been 2.1% of gross credit sales over the past 5 years. During the last fiscal year, this percentage increased to slightly less than 5.1%. The current Accounts Receivable balance is $1,200,000. The condition of this balance in terms of age and probability of collection is as follows. Allowance for Doubtful Accounts had a credit balance of $29,500 on June 1, 2019. Novak has provided for a monthly bad debt expense accrual during the current fiscal year based on the assumption that 5.1% of gross credit sales will be uncollectible. Total gross credit sales for the 2019-2020 fiscal year amounted to $2,500,000. Write-offs of bad accounts during the year totaled $112,000. Schedule Prepare an accounts receivable aging schedule for Novak Corp. using the age categories identified in the controller's report to the Finance Committee showing the following. (Round Proportion of Total to 3 decimal places, eg 50% is .500 and Probability of NonCollection to 2 decimal places es.50% is 0.50 .) (1) The amount of accounts receivable outstanding for each age category and in total. (2) The estimated amount that is uncollectible for each category and in total