Entries for bad debt expense under the direct write-off and allowance methods Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31: Customer Amount Kim Abel $24,300 Lee Drake 32,800 Jenny Green 29,700 Mike Lamb 17,800 Total $104,600 The company prepared the following aging schedule for its accounts receivable on December 31: Aging Class (Number of Days Past Due) Receivables Balance on December 31 Estimated Percent of Uncollectible Accounts 0-30 days 31-60 days 61-90 days $730,000 1% 300,000 2 110,000 15 91-120 days 80,000 30 More than 120 days 91,000 60 Total receivables $1,311,000