Gill Co. prepared an aging of its accounts receivable at December 31, 20x5, and determined that the net realizable value of the receivables was $256,263. Additional information is available as follows: Bad debt expense for 20x5 $4,901 Accounts written off as uncollectible during 20x5 $11,079 Accounts receivable at December 31, 20x5 $344,088 Uncollectible accounts recovery during 20x5 $1,691 What was the credit balance in the allowance for doubtful accounts at Jan 1, 20x5