Total Estimated BE8.6 (LO 2) Canton Imports prepared the following aging schedule at December 31. Number of Days Accounts Estimated Percentage Outstanding Receivable Uncollectible Uncollectible Accounts 0-30 days $368,000 1% 31-60 days 120,000 4% 61-90 days 72,000 10% Over 90 days 40,000 20% Total $600,000 a. Complete the aging schedule. b. Prepare the adjusting journal entry at December 31 to record bad debts expense, assuming that the allowance account has a credit balance of 53,600 before adjustment. c. Prepare the adjusting journal entry at December 31 to record bad debts expense, assuming that the allowance account has a debit balance of $5,400 before adjustment. JOD RDO