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: Account Age Current (not yet due) 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past du Balance 89,000 75,000 15.000 5.500 7.200 186,700 Estimated Uncollectible Percentage 2.0% 5.5% 14.0% 38.0% 59.0% 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 in the December 31, of the current year, balance sheet 2. Prepare the adjusting journal entry to record bad debts expense for the current yea 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 (JPG or PDF only of verhand or an Excel file. If the