Cricket Company had an unadjusted credit balance of $2,500 in its Allowance for Doubtful Accounts as of December 31, 2021 (year-end). Receivables at December 31 were $300,000. The company estimates that 39 of all accounts receivable will be uncollectible.

Prepare an adjusting entry (without explanation) to record bad debt expense as of December 31, 2021.