Shamrock, Inc. 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.

Number of Days Outstanding

Total

0-30

31-60

61-90

91-120

Over 120

Accounts receivable

$550,000$379,000$92,000$47,000$20,000$12,000% uncollectible

1%4%5%8%11%Estimated bad debts

$enter estimated bad debts in dollars

$enter estimated bad debts in dollars

$enter estimated bad debts in dollars

$enter estimated bad debts in dollars

$enter estimated bad debts in dollars

$enter estimated bad debts in dollars

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