P9-1AThe September 30, 2020, balance sheet of Kroenke Products reported the following:

Accounts receivable $310,000

Allowance for Doubtful accounts (credit balance) $10,000

During the last quarter of 2020, Kroenke Products completed the following selected transactions:

Dec. 30

Wrote off the following accounts receivable as uncollectible: Barry White, $2,500; Carlos Media, $2,200; and Doug Zabellos, $1,100

Dec 31

Recorded bad debt expense (rounded up to the nearest dollar) based on the aging of accounts receivable, as follows:

A B C D E F Age of Accounts Receivable 1-30 31-60 61-90 Over 90 2 Days Days Days Days Total 3 Accounts Receivable $179,000 $95,000 $37,500 $17,000 $328,500 4 Estimated percent uncollectible 0.1% 0.3% 5.0% 40.0% 5