The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following Tableau Dashboard for your company. Makeup of Current Assets Cash Accounts Receivable Over 90 days past due 61-90 days past due 31-60 days past due 1-30 days past due Not yet due Inventory Supplies Accounts Receivable by Age $200,000 $400,000 $600,000 $800,000 Estimated Percent Uncollectible 70% Accounts Receivable ($) Percent Uncollectible by Age 60% 50% 40% 30% 20% 10% 096 Makeup of Total Sales Credit Sales Cash Sales Percent Uncollectible by Accounts Credit Sales 196 Not yet due 1-30 days past due 31-60 days past due 61-90 days Over 90 days past due past due Accounts Receivable 5% +ableau 1. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. 2. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $5,000 credit and use of the aging of accounts receivables method. 3. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is an $8,000 debit and use of the aging of accounts receivables method. 4. Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When alerting the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Not yet due 1 to 30 31 to 60 61 to 90: Over 90 Accounts receivable Percent uncollectible (%) x = x X = x x Estimated balance of allowance for uncollectibles Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $5,000 credit and use of the aging of accounts receivables method. View transaction list Journal entry worksheet < 1 Record the estimated bad debts. Note: Enter debits before credits. Transaction Dec. 31 General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Required 3 Required 4 Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is an $8,000 debit and use of the aging of accounts receivables method. View transaction list Journal entry worksheet < 1 Record the estimated bad debts. Note: Enter debits before credits. Transaction Dec. 31 General Journal Debit Credit View general journal Record entry Clear entry Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When alerting the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages? What are the income statement impacts from the overstated percentages? < Required 3 Required 4