Adventure Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three categories as follows: (1) 1-30 days old, (2) 30-90 days old, and (3) more than 90 days old. Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows: (1) 2%, (2) 14%, and (3) 34%, respectively. At December 31, 2016, the unadjusted credit balance in the Allowance for Doubtful Accounts was $180. The total Accounts Receivable in each age category were: (1) 1-30 days old, $69,000, (2) 30-90 days old, $20,000, and (3) more than 90 days old, $5,000.

Required:
a.	Calculate the estimate of uncollectible accounts at December 31, 2016.

b.	Prepare the appropriate adjusting entry dated December 31, 2016. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)