Sophie Company uses the aging method to determine its ending Allowance for Bad Debts balance. The following aging of Accounts Receivable is for Sophie Company at the end of 20X1: Overall December 31 of 20X1 Fewer than 31 days to 30 days 60 days 61 days to 90 days Over 90 days Total $256,000 $160,000 $41,000 $30,000 $25,000 Sophie Company has developed the following bad debt information from its own past experience: Age of Account Percent Ultimately Uncollectible Less than 30 days 2 31 to 60 days 10 61 to 90 days 25 Over 90 days 90 What is Sophie's NET Accounts Receivable balance as of the end of the year? 10 31 to 60 days 61 to 90 days 25 Over 90 days 90 What is Sophie's NET Accounts Receivable balance as of the end of the year? O $218,700 O $237,300 o $193,700 O $37,300 $256,000 6 Question 33