Sarasota Corporation operates in an industry that has a high rate of bad debts. Before any year-end adjustments, the balance in 5 arasota's Accounts Recelvable account was $593,900 and Allowance for Doubtuf Accounts had acredit balance of $40,480. The year-end bslance reported in the balance sheet for Allowance for Doubtful Accounts will be based on the aging schedule shown below. What is the appropriate balance for Allowance for Doubtful Accounts at year-end? Balance for Allowance for Doubtful Accounts Show how accounts recelvable would be presented on the halante sheet: What is the dodtar atfoctof the vear end bid debt adjustment on the before tanincome? Dotar effect of she yearend bad debt adjustment 5