On December 31, 2011, ABC Inc. has an accounts receivable balance of $300,000. The allowance for doubtful accounts has a $10,000 credit unadjusted balance. At year end, the company prepares the following aging schedule for accounts receivable:

Total balance	1-30 days	31-60 days	61-90 days	over 90 days
$300,000	$150,000	$80,000	$50,000	$20,000
% of Estimated uncollectibles	0.5%	2.5%	5%	50%
Estimated uncollectibles total =

a. Complete the partial schedule in order to estimate the total uncollectible receivables. (2 pts)

b. Based on the aging of accounts receivable at year end, is the unadjusted balance in the allowance account adequate? (1 pt) Why or why not? (1 pt).

c. Journalize the entries to record bad debts for the year. (4 pts)