The questions are shown in the picture

Questionz Fey |Corporation's balance for accounts receivable is $T,9T million and unadjusted balance for allowance for W account is $52 million (credit). Fey has aged its accounts receivable and estimated mm accounts as follows (in millions): Age of Receivables Balance Estimated % unoollectible Current $5,5 1% 30-6 days past due 1,2[10 3% ol-Q days past due BSD 6% Over 9i] dag past due 42D 1D% Total $7,970 Required: 1. Determine the appropriate allowance for sssssstisls accounts. 2. How will Fey Corporation report its accounts receivable on the balance sheet? 3. What is Embad debt expense ofthe year. 4. Use the nancial stat-lent effect tllplet to prepare the necessary adjusting entry. 5. Had Munadjusted balance for allowance form account been $52 million (debit), would your answer to Part 4 have been affected? If your answer is \"yes\