Question 8 (12 points) Wakko company has the following unadjusted account balances at December 31, of the current year. This company uses the aging of accounts receivable to estimate its bad debts. The following aging schedule reflects its accounts receivable at the current year-end Estimated Uncollectible Account Age Balance Percentage Current (not yet due) 89.000 2.0% 1-30 days past due 75,000 5.59% 31-60 days past due 15,000 14.0% 61-90 days past due 5,500 38.0%% Over 90 days past rhe 2,200 59.0% 186,700 Allowance for Doubt Accounts 1,800 credit balance Accounts Receivable Balance 186,700 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. You must show your work in regards to how you calculated your numbers for the entries, You may type your answers in the text submission box below or you can use the "Add File" button to upload a picture UPG or PDE and of vo