At the end of the current year, the balance in the accounts receivable account for Pinehurst Company is $500,000 and the balance in the allowance for doubtful accounts is $22,000. The company's net sales for the year are $3,000,000. An aging schedule of the Account Receivables indicates that the balance in the allowance for doubtful accounts should be $45,100. (a) The amount to be added to the allowance for doubtful accounts is (b) Using the information from part (a) prepare the journal entry to record the bad debt expense for the year