2. Campbell Enterprises had record sales in 2022. It began 2022 with an Accounts Receivable balance of $420,000 and an Allowance for Doubtful Accounts of $33,200. Campbell recognized credit sales during the year of $3,521,500 and made monthly adjusting entries equal to 0.5% of each month's credit sales to recognize bad debt expense. Also during the year the company wrote off $29,185 of accounts that were deemed to be uncollectible, although one customer whose $1,900 account had been written off surprised management by paying the amount in full in late September. Including this surprise receipt, \$2,754,190 cash was collected on account in 2022. In preparation for the audited year-end financial statements, the controller prepared the following aging listing of the receivables at December 31,2022: Instructions: Prepare a schedule calculating the balance in Campbell's Allowance for Doubtful Accounts at December 31,2022 . Prepare any necessary journal entry at year end to adjust the allowance for doubtful accounts to the required balance. \begin{tabular}{|l|l|l|l|} \hline 030 days outstanding & & & \\ \hline 31-60 days outstanding & & & \\ \hline 61-90 days outstanding & & & \\ \hline Over 90 days outstanding & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline-5 & & \\ \hline \end{tabular} \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular}