Silver Key Corporation estimates its annual provision for uncollectible accounts by analyzing the aged schedule of accounts receivable. (Click the icon to view the schedule of accounts receivable.) It is common industry practice to estimate an allowance for uncollectible accounts based on the following estimates. (Click the icon to view the allowances provided.) Prepare the journal entry to record the provision for bad debts assuming that the existing credit balance in the allowance for doubtful accounts is equal to $23,150. (Record debits first, then credits. Exclude explanations from any journal entries.) Current Year Account Bad Debt Expense s Allowance for Uncollectible Accounts Schedule of Accounts Receivable Silver Key Corporation: Aged Schedule of Accounts Receivable Past Due Current 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 238,000 $ 127,500 $ 112,000 $ 56,300 $ 19,400 Total $ 556,000 Totals Print [Done Print Done Aging Category Allowance Provided Current 5% 10% 18% 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due 44% 80% Print Done