Cedar Mill, Inc. uses the Aging of Accounts Receivable method for estimating uncollectible accounts. The accounting records show the following information at the end of the year:

	Number of Days Unpaid
		0 - 30				31 - 60				61 - 90				Over 90
Accounts Receivable	$	740,000			$	480,000			$	220,000			$	160,000
Estimated % Uncollectible		5	%			10	%			15	%			25	%

If the unadjusted credit balance in the Allowance for Doubtful Accounts account before is $30,000, what would be the amount of the adjustment for bad debts?

Multiple Choice

• $158,000

• $90,000

• $69,000

• $128,000