The aging of Torme Designs' accounts receivable is shown below. Calculate the amount of each periodicity range that is deemed to be uncollectible. Est. Uncollectible Accts. Amount Age Interval Balance Not past due 500,000 1-30 days past due 40,000 31-60 days past due 20,000 61-90 days past due 10,000 91-180 days past due 5,000 181-365 days past due 2,000 Over 365 days past 1,000 due Total Percentage 2.00% 5.00% 10.00% 20.00% 30.00% 50.00% 90.00% If the Allowance for Doubtful Accounts has a credit balance of $1,200, what amount will be journalized for bad debt expense for the year. Do not use comma separators in your