Homework: Graded MAL HW #7 [Ch. 8 & Ch. 11] Summer I 2019 Save 6 of 16 (7 complete)> Score: 5.21 of 14 pts HW Score: 34.42%, 70.21 of 204 pts Question Help P8-29A (open response) At September 30, 2018, the accounts of South Terrace Medical Center (STMC) include the following During the last quarter of 2018, STMC completed the following selected transactions (Click the icon to view the transactions.) $141,000 Accounts Receivable Read the requirements 3,700 Allowance for Bad Debts (credit balance) Dec. 31Allowance for bad debt 2,550 Accounts Receivable-Scarlett Co 1,300 Accounts Receivable-Owen Wilson 750 Accounts Receivable-Placid, Inc. 500 Recorded bad debts expense based on the aging of accounts receivable Date Credit Accounts and Explanation Debit 2018 Dec. 31 Enter any number in the edit fields and then click Check Answer. More Info . Sales on account, $410,000. Ignore Cost of Goods Sold. Collections on account, $389,250 Wrote off accounts receivable as uncollectible: Scarlett Co., $1,300; Owen Wilson, $750; and Placid, Inc., $500. * Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days Accounts Receivable $ 102,000 $38,000 $ 15,000 $ 4,200 Estimated percent uncollectible 0.3% 3% 30% 35% Print Done