Question 8 of 10/1: View Policies Current Attempt in Progress The Martinez Corp. follows IFRS and sells office equipment and supplies to mary organizations in the city and surrounding area on cantract terms of 2/10,n/30. In the past, over 75% of the credit customers have taken advantage of the discount by paying within 10 days of the irvoice date. However, the number of customers taking the full 30 days to pay has increased within the last year. It now appears that less than 60% of the customers are taking the discount. Bad debts as a percentage of gross credit sales have risen from the 1.5% of past years to about 4% in the current year. The contraller responded to a request for mare information on the deteriaration in collections of accounts receivable by preparing the following report (a) Prepare an accounts receivable aging schedule for the Martinez Corp. using the age categories identified in the controller's repart to the finance committe. Show (1) the amount of accounts receivable outstanding for each age categary and in total, and (2) the estimated amount that is uncollectible for each category, 0.275 and other answers to 0 decimai ploces e eg 5,275. Martinez Corp. Receivable Aging Schedule May 31, 2023 (b) The parts of this question must be completed in arder. This part will be aval able when you complete the part above. Question 8 of 10/1: View Policies Current Attempt in Progress The Martinez Corp. follows IFRS and sells office equipment and supplies to mary organizations in the city and surrounding area on cantract terms of 2/10,n/30. In the past, over 75% of the credit customers have taken advantage of the discount by paying within 10 days of the irvoice date. However, the number of customers taking the full 30 days to pay has increased within the last year. It now appears that less than 60% of the customers are taking the discount. Bad debts as a percentage of gross credit sales have risen from the 1.5% of past years to about 4% in the current year. The contraller responded to a request for mare information on the deteriaration in collections of accounts receivable by preparing the following report (a) Prepare an accounts receivable aging schedule for the Martinez Corp. using the age categories identified in the controller's repart to the finance committe. Show (1) the amount of accounts receivable outstanding for each age categary and in total, and (2) the estimated amount that is uncollectible for each category, 0.275 and other answers to 0 decimai ploces e eg 5,275. Martinez Corp. Receivable Aging Schedule May 31, 2023 (b) The parts of this question must be completed in arder. This part will be aval able when you complete the part above