At December 31, 2019, Blossom Co. reported the following information on its balance sheet.

Accounts receivable		$969,000
Less: Allowance for doubtful accounts		81,400

During 2020, the company had the following transactions related to receivables.

1.		Sales on account		$3,659,700
2.		Sales returns and allowances		51,400
3.		Collections of accounts receivable		2,806,100
4.		Write-offs of accounts receivable deemed uncollectible		89,400
5.		Recovery of bad debts previously written off as uncollectible		28,650 Prepare the journal entry to record bad debt expense for 2020, assuming that an aging of accounts receivable indicates that expected bad debts are $115,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)