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An estimate based on analysis of receivables shows that $5935 of Accounts Receivable is expected to be uncollectible. The Accounts Receivable unadjusted balance is $593500.

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An estimate based on analysis of receivables shows that $5935 of Accounts Receivable is expected to be uncollectible. The Accounts Receivable unadjusted balance is $593500. The Allowance for Bad Debts has an unadjusted credit balance of $4531. The amount of the adjusting entry to record the allowance for bad debts is (enter your answer rounded to the nearest dollar)

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