tion.com Ch 7 HW (22 pts) Seved Help Save& Exit Submit 7 Check my work LO P2, PS The following information applies to the questions displayed below. Jarden Company has credit sales of $3,600,000 for year 2017. On December 31, 2017, the company's Allowance for Doubtful Accounts has an unadjusted balance of $14,500. Jarden prepares a schedule of its December 31, 2017, accounts recelvable by age. On the basis of past experience, it estimates the percent of recelvables in each age category that will become uncolectible. This information is Part 1 of 2 credit 2.5 points summarized here. Decenber 31, 2017 Aecounts Receivable Age of Expected Percent Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past de Over 90 days past due 830,000 86,000 38,000 12,000 2.00 6.50 32.75 68.00 Problem 7-3A Part 1 Required: i. Estimate the required balance of the Alowance for Doubtu Acounts et December 3t,2017, using the aging of accounts receivable methocd. 1 to 30 31 to 60 61 to 90 Over 90: or enter website name delete