You've been given the following information for Big Sky Skydiving: Estimated percentage uncollectable Current 30-60 days 60-90 days 90+ days 3% AFDA 40,000 8% 25% 90% The owner of Big Sky, Winston Malabre, has asked you to put together the bad debt expense for the year ended December 31, 2020. He has supplied you with the following A/R listing for the year end. Accounts Receivable Listing at December 31st Current 225,000 30-60 days 146,250 60-90 days 35,100 90+ days 2,808 Winston forgot to record a payment that was received for an account that was written off last year in the amount of $20,000. You will need to record this. Required: 1. Prepare the journal entry for the adjustment above. Be sure to adjust any accounts that may need adjusting to complete required #2. 2. Prepare the adjusting entry at December 31, 2020, to recognize bad debts expense