Patty's Party Supplies has the following information available from its December 31, 2021 fiscal year end Sales $ 290,000 Accounts Receivable $ 53,117* Allowance for Doubtful Accounts $ 5,850 (unadjusted credit balance) *Age of accounts Current accounts.. 29,600 $ 0-30 days past due. 12,850 31-60 days past due. 5,217 61-90 days past due 3.000 Over 90 days past due 2.450 Total accounts receivable. 53 117 S Assuming the company uses the allowance method, determine the required year-end adjusting entry (rounded to the nearest whole dollar) for the allowance for doubtful accounts under the following assumptions: a. Allowance for doubtful accounts is estimated based on 12% of accounts receivable. 2021 Dec 31 Allowance for Doubtful Accounts - 6374 Accounts Receivable 6374 b. Bad debt expense is estimated based on 1% of sales. 2021 Der 31 2021 Dec 31 Bad Debt Expense 2900 Allowance for Doubtful Accounts 2900 c) Allowance for doubtful accounts is estimated based on the following aged accounts receivable analysis. Estimated percentage uncollectible Current accounts. 8% 0-30 days past due 10% 31-60 days past due. 15% 61-90 days past due 20% Over 90 days past due. 50% Dec 31 Bad Debt Expense > 20% 61-90 days past due.. Over 90 days past due..... 50% Dec 31 Bad Debt Expense Allowance for Doubtful Accounts