Using this information would it be beneficial to maintain or modify the current payment discount policy?

Current Financial Situation:

Accounts Receivable: $$500,000$

Aging Schedule:

$0-30$ days $($current$)$: $$300,000$

$31-60$ days: $$100,000$

$61-90$ days: $$70,000$

Over $90$ days: $,$$$30,000$

Bad Debt Expense $($Year$-$to$-$Date$)$:$$18,000$

Allowance for Doubtful Accounts $($Beginning Balance$)$: $$5,000$ credit

Write$-$offs during the year: $$10,000$

Estimated uncollectible:

$1\%$ of current $(0-30$ days$)$

$5\%$ of $31-60$ days

$15\%$ of $61-90$ days

$40\%$ of over $90$ days

Current Credit Terms: Net $30$ days, with a $5\%$ discount if paid within $10$ days.

Recent Internal Audit Findings: Weaknesses in the collection process, insufficient segregation of duties,

and lack of authorization controls over receivable transactions.

Economic Environment: Interest rates are rising, and there is increasing economic uncertainty, which may

impact customers' ability to pay on time.