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can you show steps and how did you get that answer ?thank you Novak Corp. has accounts recelvable of $90,300 at March 31, 2022. Credit

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Novak Corp. has accounts recelvable of $90,300 at March 31, 2022. Credit terms are 2/10,n/30. At March 31,2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below. Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts.)

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