1-On January 1, DogMart Company purchased a two-year liability insurance policy for $24100 cash. The purchase was recorded to Prepaid Insurance. How much would be the January 31 amount recorded to expense (use two decimals):

2-Allowance for Doubtful Accounts has a credit balance of $23000 at the end of the year, before adjustments. Sales for the year amounted to $1480000, and sales returns and allowances amounted to $116000. If uncollectible accounts expense is estimated at 3% of net sales, the amount of the appropriate adjusting entry will be (nearest whole dollar)