Problem 6. (10 points) A company has the following unndjusted account balances at December 31, of the current year: Accounts Receivable of $185,700 and Allowance for Doubtful Aecounts of $1,600 (credit balance). This company uses the aging of accounts receivable to estimate its bad debts. The following aging schedule reflects its aecounts receivable at the current year-end: Estimated Uncollectible Pereentass Current (not yet du.. 1-30 days past due . 31-60 days past due 61-90 days past due... Over 90 days past due $96,000 1.0% 3.5 64,000 16,00012 6,500 3.200 67.0 42.0 $185,700 1. Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31, of the current year, balance sheet. 2. Prepare the adjusting journal entry to record bad debts expense for the current year