You are an accountant at Company DEF, which has a fiscal year ending on December 31. It is now December 31, 2020, and you are getting ready to record the adjusting journal entry for this year's bad debt expense.The credit department has prepared for you a list of your six customers' accounts receivables with their respective ages.

Accounts Receivable

Age

Amounts

A

31 - 60 days past due$41,000B

31 - 60 days past due$37,000C

Not yet due$60,000D

> 60 days past due$18,500F

Not yet due$13,000

You are an accountant at Company DEF, which has a scal year ending on December 31. It is now December 31, 2020, and you are getting ready to record the adjustingjournal entry for this year's bad debt expense. The credit department has prepared for you a list of your six customers' accounts receivables with their respective ages. Accounts Receivable Age Amounts A 31 - 60 days past due $41,000 B 31 - 60 days past due $37,000 C Not yet due $60,000 D 60 days past due $18,500 F Not yet due $13,000 The credit department estimates the following % of uncollectible accounts receivable by age: Status Estimated % Uncollectible A/ R Not yet due 1% 60 days past due 75% You then inspect the accounting records for the year and note that during 2020, the company had write-offs of $34,400 and recoveries of $300. The beginning of the year's Allowance for Doubtful Accounts (AFDA) had a credit balance of $28,800 (as of 01/01/2020). You also note that total credit sales during 2018 were $2,700,000. The credit department informs you that historically, 1.5% of credit sales have proven to be uncollectible. Use the following numeric format to answer the questions: 12345 (no commas, no dollar signs) (3) Using the Aging of Accounts Receivable method, what is the bad debt expense for 2020? (b) Using the Aging of Accounts Receivable method, what is the ending balance for the Allowance for Doubtful Accounts for 2020? (c) Using the Aging of Accounts Receivable method, what is the net accounts receivable that the company has at the end of 2020? (d) Using the Percent of Sales method, what is the bad debt expense for 2020? (e) Using the Percent of Sales method, what is the ending balance for the Allowance for Doubtful Accounts for 2020, assuming that the beginning balance for AFDA was $28,800