Prepare the adjusting entry at March 31, 2022 to record bad not indent manually) expense. (Credit account titles are automatically indented when amount is entered. Do Account Titles and Explanation Credit America 5.00) 05/1 Question 3 View Policies Show Attempt History Current Attempt In Progress Wildhorse Co. has accounts receivable of $94.400 at March 31, 2022. Credit terms are 2/10./30. At March 31, 2022. there is a $2.115 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage ofreceivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below Balance, March 31 Age of Accounts 2022 2021 Estimated Percentage Uncollectible Current $64,400 $81,960 1-30 days past due 13,300 7.240 31-90 days past due 9.100 2.260 Over 90 days past due 7.600 $94.400 1010 $92.470 M