Computing Bad Debt Expense Brown Cow Dairy by Using Aging Analgsis uses the aging approach to estimate bad debt expense. The balance of each the basis of three time periods as follows: (1) not get due, $25,000 t due, $10,000; and (3) more than 120 days past due, $5,000. Experience has (2) shown that, for each age group, the average bad debt rates on the a the current year), the allowance for doubtful accounts balance was $600 (eredit) receivables at gear-end due to (1) 2 percent, (2) 10 percent, and (3) 30 percent, respectivelg. At December 31, before the end-of-period adjusting entry was made. Required: What amount should be recorded as bad debt expense for the current year