Question 3 [5 points) Dylux Corporation had credit sales of 2.700 000 in 2014 At year End December 31, 2014 the company's Allowance for Doubtful Accounts had an unadjusted debt balance of 10,000 The accountant for Dytex Corporation has prepared a schedule of the December 31, 2014 accounts receivable by age and on the basis of past experience has estimated the percentage of the receivables in each age category that will become uncollectible. This information is summarized as follows December 31, 2014 Age of Acco Ested Percentage Account Reco Receivable Uncle S 500.000 Not ce under 30 days! 135 410,000 1 to 30 days paste 280 56.000 31 to 60 days past 1725 2.000 61 to days past de 3275 18.000 Over 90 days past de 89.75 Compute the amount that should appear in the December 31, 2014 balance sheet as the allowance for doutul accounts Allowance for doubt accounts=5 31.835 b] Prepare the jounal entry to record bad debt expense for 2014 Ona Papaoui DHE ACCEponton Vec sad Det Expense Allowance for Det Account 48.835 To record de pense 41305