Tabletop Designs, Inc. prepares its aged listing of accounts receivable: $100,000 Total; 0-30 days $70,000 (2%); 31-60 days $10,000 (9%); 61-90 days $5,000 (20%) and the balance is over 90 days (30%). Which of the following statements are true?

Question 31 options:

	Over 90 days is $5,000
	Over 90 days estimated uncollectible equals $4,500
	The average percentage of 15.25% will be used to prepare the adjusting journal entry to record Bad Debt Expense
	None of the statements are true.