using the allowance method, aged accounts receivale, calculate the balance of the allowance for doubtful accounts as of 12/31/08

The Allowance for Doubtful Accounts balance on 1/1/X8 is $ 528.00 for the Farrior Hotel. The aged accounts receivables listing as of 12/31/x8 is as follows: 90 days 200 120 days 100 Adert Bortz Carl Diker Ebbert Others CURRENT 30 days 60 days 300 200250 3002 5 00 300 26,200 5 ,200 2,450 200 1,600 300 1,500 The estimated percentage of bad debts is as follows: Current 2% 304% 60 10% 9020% 120 40% REQUIRED a) Using the Allowance Method - Aged Accounts Receivable, calculate the balance of the allowance for doubtful accounts as of 12/31/X8