Joan Myers, the newly hired bookkeeper of Lyon Company, has until 5 p.m. today to prepare an analysis on December 31, 2021, of accounts receivable by age as well as record the entry for bad debts expense. Assist Joan, who has found the following invoices and balances scattered on her desk. Terms of all sales are n/30.

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Jones Co. May 14 $1,500 Bill Co. October 3 Francis Co. July 8 July 15 $125 $200 $400 Ron Co. August 20 $700 Doc Co. November 1 December 17 $1,200 $900 Balance in Allowance for Doubtful Accounts $350 Roger Co. December 17 $1,400 Joe Co. September 6 $1,200 Not yet due 1-30 31-60 61-90 Over 90 1% 3% 8% 12% 30%