1. Imdad Manufacturing Corporation has the following outstanding accounts receivable totaling JPY2.54 million as of December 31 and sales on credit during the year of JPY12.8 million. There is also a debit balance of JPY6,000 in the allowance for doubtful accounts. If the company estimates that 1% of its net credit sales will be uncollectible, what should be the year-end adjusted balance of the allowance for doubtful accounts?