Flounder, Inc. had net sales in 2017 of $1, 425, 600. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $240, 100 debit, and Allowance for Doubtful Accounts $2, 950 credit. Assume Flounder prepares an aging schedule that estimates total uncollectible accounts at $30, 700. Prepare the entry to record bad debt expense. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)