The chart in part a) is prepared by the accourtant of Happy shoes. The percentages are tared con hintorical performance. Hapey Shoes uses the batince sheet approsch so estimate uncolectible recrivabiec. Required a) Calculate the comparys bad debt De not enter dollat agns or commas in the rocut bores. Round all arswers to the rearest whole rumber Aging Category Bad Debt xx Balance Estimated Bad Debt 30 days 2.0% $90,000 $1060 31-60 doys 4.05 $45,000 $1800 More than 60 days 6.00 $22500 $1350 Total $157,500 $4950 b) Assume that allowince for doubru accounts has a credit batance of $1,440. Cakulate the bad debt expense the company will record. Bad debt expense -$ J