Duncan Company reports the following financial information before adjustments.

		Dr.			Cr.
Accounts Receivable		$167,300
Allowance for Doubtful Accounts					$3,200
Sales Revenue (all on credit)					801,200
Sales Returns and Allowances		50,400

Prepare the journal entry to record bad debt expense assuming Duncan Company estimates bad debts at (a) 1% of net sales and (b) 5% of accounts receivable.