Pronghorn Corp uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end Calculate the total estimated bad debts on the below information Number of Days Outstanding 61-90 $48,000 Total $438,000 0-30 $273,000 31-60 91-120 $23,000 Over 120 $12,000 $82,000 Accounts Receivable 4% 196 5% 7% % uncollectible 11% Estimated bad debts Click if you would like to Show Work for this question: Open Show Work