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On December 31, 2020 CNS Co. reported Accounts Receivable of P4,300,000. CNS Co, uses the aging method in determining bad debts. The company's Allowance for Doubtful Accounts has a beginning balance of P230,000. The following table shows the corresponding bad debt percentage of Nickolai Company's accounts receivable: Age AR Balance % Uncollectible 45 days or less 45% 5% 46 - 90 days 30% 10% Over 90 days 25% 15% How much is the required allowance for doubtful accounts at December 31, 2020? O P157,000 P387,000 P230,000 OP617.000