Copper Company had a January 1, current year, balance in Allowance for Doubtful Accounts of $7000 credit. The following events required journal entries during the current year: Apr 15 $2700 was written off as deemed as uncollectible. July 1 A customer paid off their bill for $4300, the account had been written off in the previous year. Dec 31 Bad debt is estimated to be 2% of credit sales of $1,375,000 What amount of allowance for doubtful accounts should appear in the December 31, current year, balance sheet? Show calculations