P7.7 The following is an aging schedule for Bryan Company. Total $262,000 Customer Accounts receivable Estimated percentage uncollectible Total estimated bad debts Not Yet Due $107.000 3% $3,210- 1-30 $49.000 7% $3,430 31-60- $28,000 12% $3,360 61-90 $40,000 24% $9,600 Over 90 $38.000 60% $22,800 542,400- At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is $8,000.- Instructions a. Indicate the amount of bad debt expense for the year ending December 31, 2021, and the cash realizable value of Accounts Receivable. b. On January 5, 2022, a S600 customer balance originating in 2021 is judged uncollectible, Indicate the cash realizable value of Accounts Receivable after recognizing the January 5 write-off