Hachey Company has accounts receivable of $95,100 at March 31, 2007. An analysis

of the accounts shows these amounts.

Balance, March 31

Month of Sale 2007 2006

March $65,000 $75,000

February 12,600 8,000

December and January 10,100 2,400

November and October 7,400 1,100

$95,100 $86,500

Credit terms are 2/10, n/30. At March 31, 2007, there is a $2,200 credit balance in Allowance

for Doubtful Accounts prior to adjustment. The company uses the percentage of

receivables basis for estimating uncollectible accounts. The company