[The following information applies to the questions displayed below.] Web Wizard, Inc., has provided information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter of 3 a. During January, the company provided services for $45,000 on credit. b. On January 31, the company estimated bad debts using 2 percent of credit sales. c. On February 4, the company collected $22,500 of accounts receivable. d. On February 15, the company wrote off a $200 account receivable. e. During February, the company provided services for $35,000 on credit. f On February 28, the company estimated bad debts using 2 percent of credit sales g. On March 1, the company loaned $2,000 to an employee, who signed a 6 % note , due in 6 months. h. On March 15, the company collected $200 on the account written off one month earlier iOn March 31, the company accrued interest earned on the note. On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,250. Number of Days Unpaid 61-90 70 10 31-60 0-30 Over 90 TOtal custoner Alabama Tourism Bayside Bungalows others (not shown to save space 200 120 450 700 450 1,200 7,300 380 $7,800 8,900 18,100 380 S19,130 Xciting Xeursions Total Accounts Receivable Estimated Uneollectible () $1,150 S8,970 1,210 10 40% 201 31 co Next> 4 56 of 7 4 5 6 of 7 4 56 of 7