At December 31 of 1the current year, a company reported the following: - Total sales for the current year: $?BD,{}I}U includes $1E,{}[} in cash sales. - Accounts receivable balance at Dec. 31, current year: $190,{}. - Bad debts written off during the current year: $6,801.]. - Balance of Allowance for Doubtful Accounts at January 1, current year: $330!]. Prepare the necessary adjusting entries to record bad debts expense assuming this company's bad debts are estimated to equal 1.5% of credit sales