Brothers Candles Corporation uses the aging of accounts receivable method to determine bad debt expense each year. Brothers Candles accountants believe that current receivables have a 3% chance of noncollection, receivables 1-30 days past due have an 8% chance of noncollection, receivables 31-60 days past due have a 15% chance of noncollection, and receivables greater than 60 days past due have a 35% chance of noncollection. The totals in each group are shown below. The allowance for doubtful accounts had a beginning credit balance of $6,300 and the company wrote off $4,200 accounts during the year.

	Current	1-30 days past due	31-60 days past due	61+ days past due
Balance	100,000	72,000	65,000	30,000

What is the adjusting journal entry required?