At December $31,$ Folgeys Coffee Company reports the following results for its calendar year.

Cash sales $ $900,000$

Credit sales $300,000$

Its year$-$end unadjusted trial balance includes the following items.

Accounts receivable $ $125,000$ debit

Allowance for doubtful accounts $5,000$ debit

Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be $(1)3\%$ of credit sales, $(2)1\%$ of total sales and $(3)6\%$ of year$-$end accounts receivable.