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Presented below is an aging schedule for Waterway Industries. Number of Days Past Due Total Not Yet Due 1-30 31-60 61-90 Over 90 Customer Accounts

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Presented below is an aging schedule for Waterway Industries. Number of Days Past Due Total Not Yet Due 1-30 31-60 61-90 Over 90 Customer Accounts receivable Estimated percentage uncollectible Total estimated bad debts $265,700 $ 109,500 $ 47,200 $29.700 $ 39,300 $ 40.000 396 7% 11% 24 57 $ 42.088 $ 3.285 $3.304 $3.26% $9.432 522 800 At December 31, 2021. the unadjusted balance in Allowance for Doubtful Accounts is $8.600 (a) Indicate the amount of bad debt expense for the year ending December 31, 2021, and the cash realizable value of Accounts Receivable Bad Debt Expense Cash realizable value of Accounts Receivable $

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