The Mighty Power Tool Company has the following accounts on itsbooks:

Customer Amount Owed($) Age(days)

ABC 51,000 34

DEF 38,000 6

GHI 20,000 9

KLM 74,000 21

NOP 37,000 39

QRS 13,000 10

TUV 86,000 53

WXZ 32,000 89

The firm extends credit on terms of 1.0/15, Net 30. Develop an aging schedule using 15-day increments through 60 days, and then indicate any accounts that have been outstanding for more than 60 days.

Complete Mighty Power ToolCompany's aging schedulebelow:(Round the dollar amount to the nearest dollar and the accounts receivable percentage to one decimalplace.)

Days Outstanding Amount Owed Account Receivable

0-15 $ %

16-30 $ %

31-45 $ %

46-60 $ %

Over 60 $ %