Web Wizard, Incorporated, 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 a. During January, the company provided services for $43.000 on credit b. On January 31, the company estimated bad debts using 2 percent of credit sales cOn February 4, the company collected $21,500 of accounts receivable. d. On February 15, the company wrote off $100 account receivable e During February, the company provided services for $33,000 on credit 1 On February 28, the company estimated bad debts using 2 percent of credit sales. 9. On March 1, the company loaned $3,000 to an employee, who signed a 6% note, due in 6 months n On March 15, the company collected $100 on the account written off one month earlier On March 31, the company accrued interest earned on the note J.On March 31, the company adjusted for uncollectible accounts, based on the following aging analysis, which includes the preceding transactions (as well as others not listed). Prior to the adjustment. Allowance for Doubtful Accounts has an unadjusted credit balance of $1.230. Number of Days Unpaid 31 to 60 61 to 90 SBO $20 0 to 30 $ 200 Over 90 Total 5 200 430 17,600 400 5 18,630 $430 800 Customer Alabama Tourism Bayside Bungalows Other (not shown to save space) Xeiting Xcursions Total Accounts Receivable Estimated Uncollectible (8) 8.700 1,000 7,100 400 $ 7,600 30 $ 8,780 150 $. 1,020 200 51,230 301