2. (10 points) A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: Debit Credit Cash sales... $188,000 Credit sales. $275,000 Accounts receivable. $76,000 Allowance for doubtful accounts... $1,000 Prepare the adjusting entry to estimate bad debts assuming an aging analysis estimates that 8% of the outstanding accounts receivable will be uncollectible. You may omit explanations. Show any work below the journal entry table. Account Titles and Explanations Date Debit Credit 6 + 17 18 19 20 21 22 23 24 25 26 27 28