Problem 7-11 Aging of accounts receivable LO7-4 Route Canal Shipping Company has the following schedule for aging of accounts receivable: (4) Percent of Amount Due Age of Receivables April 30, 20X1 (1) (2) (3) Month of Age of Sales Account Amounts April 030 $223,040 March 31-60 83,640 February 6190 195,160 January 91120 55,760 Total receivables $557,600 100% a. Calculate the percentage of amount due for each month. Month of Sales April March February Percent of Amount Due 35 $ % 25 % % 30% 10 % 100 January Total receivables