Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due Total $635,000 Accounts receivable Percent uncollectible 0 $409,000 1 to 30 $103,000 38 31 to 60 $49,000 68 61 to 90 $31,000 88 Over 90 $43,000 118 Exercise 7-8 Aging of receivables method LO P3 a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a 54,900 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1.400 debit Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due: 1 to 30: 31 to 60 61 to 90 Over 90: Estimated balance of allowance for uncollectibles