(A) the Aging of Torme Designs' Accounts Receivable Is Shown

(a) The aging of Torme Designs' accounts receivable is shown below. Calculate the amount of each periodicity range that is deemed to be uncollectible.?? $$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~{ \text { Estimated Uncollectible Accounts } } \\\begin{array} { | l | r | c | c | } \hline \text { Age Interval } & \text { Balance } & \text { Percentage } & \text { Amount } \\\hline \text { Not past due } & \$ 850,000 & 3.50 \% & \\\hline 1 - 30 \text { days past due } & 47,500 & 5.00 & \\\hline 31 - 60 \text { days past due } & 21,750 & 10.00 & \\\hline 61 - 90 \text { days past due } & 11,250 & 20.00 & \\\hline 91 - 180 \text { days past due } & 5,065 & 30.00 & \\\hline 181 - 365 \text { days past due } & 2,500 & 50.00 & \\\hline \text { Over } 365 \text { days past due } & \underline{1,145} & 95.00 & \\\hline \text { Total } & \underline{\mathbf { \$939,210 }} & & \\\hline\end{array}$$ (b) If Allowance for Doubtful Accounts has a credit balance of $1,135.00, record the adjusting entry forthe bad debt expense for the year.