A review of the company's provision for uncollectible accounts during $2023$ resulted in a determination that $1\mathrm{.}5\%$ of sales is

the appropriate amount of loss on impairment to be charged to operations, rather than the $2\%$ used for the preceding two

years. Loss on impairment recognized in $2022$ and $2021$ was $$33,200$ and $$15,300,$ respectively. The company would have

recorded $$18,000$ of loss on impairment under the old rate for $2023.$ No entry has yet been made in $2023$ for loss on

impairment. PLEASE FIND JOURNAL ENTRY.