The College Station Company has prepared the following year end analysis of its accounts receivable: Total 1-30 31-60 61-90 over 90 Days Days Days Days $64,000 $39,000 $16,000 $6,000 $3,000 The company had sales of $950,000, of which 30% were cash sales. As of year end, the balance in the allowance for uncollectible accounts account before adjusting for bad debts was a $200 credit. The College Station Company has estimated the following bad debt percentages: 1-30 days 5% 31-60 days 20% 1-90 days 60% Over 90 days 90% Credit Sales 2% 3. What is the journal entry that The College Station Company will make if it estimates bad debts by using a percentage of credit sales? 6.38(b) Select one: $13,100 a. Bad Debt Expense Allowance for Uncollectible Accounts $13,100 $13,300 b. Bad Debt Expense Allowance for Uncollectible Accounts $13,300 C. $13,500 Bad Debt Expense Allowance for Uncollectible Accounts $13,500 $18,800 d. Bad Debt Expense Allowance for Uncollectible Accounts $18,800 4. What is the journal entry that The College Station Company will make if it estimates bad debts by using an aging of accounts receivable? 6.42(b) $11,250 $11,250 Select one: a. Bad Debt Expense Accounts Receivable b. Bad Debt Expense Allowance for Uncollectible Accounts $11,650 $11,650 C. $11,650 $11,650 Bad Debt Expense Accounts Receivable d. Bad Debt Expense Allowance for Uncollectible Accounts $11,250 $11,250