Clinton Ltd$.$ has an Accounts Receivable amount of $$393,600$ and an unadjusted credit balance in Allowance for Expected Credit Losses of $$8,500$ at March $31.$ The company's accounts receivable and percentage estimates of uncollectible accounts are as follows:Number of DaysOutstandingAccounts ReceivableEstimated PercentageUncollectible$0-30$$$282,0002\%31-6053,80010\%61-9034,80030\%$Over $9023,00050\%$Total$$393,600$

Prepare the adjusting entry at march $31$ to record the credit losses for the period