Sarasota Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end. (a) Calculate the total estimated bad debts based on the information below. Total Accounts receivable $388,000 % uncollectible Estimated bad debts Save for Later B $ Numbe 0-30 31-60 $234,000 $82,000 16 1% $ 4% Attempts: unlimited Submit Answer Sarasota Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end. (a) Calculate the total estimated bad debts based on the information below. 31-60 $82,000 Save for Later Number of Days Outstanding 61-90 $39.000 91-120 Over 120 $21,000 $12,000 11% 7% 5% Attempts: unlimited Submit