I need help with the last entry I cannot figure it out.

The following transactions were completed by Irvine Company during the current fiscal year ended December 31: Feb. 8 Received 40% of the $18,500 balance owed by Decoy Co., a bankrupt business, and wrote off the remainder as uncollectible. May 27 Reinstated the account of Seth Nelsen, which had been written off in the preceding year as uncollectible. Journalized the receipt of $7,430 cash in full payment of Seth's account. Wrote off the $6,470 balance owed by Kat Tracks Co., which has no assets. Reinstated the account of Crawford Co., which had been written off in the preceding year as Aug. 13 Oct. 31 uncollectible. Journalized the receipt of $3,870 cash in full payment of the account. Dec. 31 Wrote off the following accounts as uncollectible (compound entry): Newbauer Co., S7,245, Bonneville Co., $5,595; Crow Distributors, S9,500; Fiber Optics, $1,060. Based on an analysis of the $1,769,500 of accounts receivable, it was estimated that $35,390 will be Dec. 31 uncollectible. Journalized the adjusting entry 1. Record the January 1 credit balance of $25,330 in a T-account for Allowance for Doubtful Accounts. 2. A. Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. B. Post each entry that affects the following selected T-accounts and determine the new balances: Allowance for Doubtful Accounts and Bad Debt Expense. 3. Determine the expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry) 4. Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 31 had been based on an estimated expense of 14 of 1% of the net sales of $18,430,000 for the year, determine the following: A. Bad debt expense for the year. B. Balance in the allowance account after the adjustment of December 31. C. Expected net realizable value of the accounts receivable as of December 31. PAGE 10 JOURNAL Score: 236/249 ACCOUNTING EQUATION DESCRIPTION POST. REF. CREDIT ASSETS LIABILITIES EQUITY DATE Feb. 8 Cash DEBIT 7.400.00 Allowance for Doubtful Accounts 11,100.00 Accounts Receivable-DeCoy Co. 18,500.00 May 27 Accounts Receivable-Seth Nelsen 7,430.00 7,430.00 Allowance for Doubtful Accounts Cash May 27 7,430.00 7.430.00 Accounts Receivable-Seth Nelsen Allowance for Doubtful Accounts Aug. 13 6,470.00 Accounts Receivable-kat Tracks Co. 6,470.00 Oct. 31 Accounts Receivable-Crawford Co. 3,870.00 3.870.00 Allowance for Doubtful Accounts Dec 31' Allowance for Doubtful Accounts 23,400.00 Accounts Receivable-Newbauer Co. Accounts Receivable-Bonneville Co. 7.245.00 5.595.00 9,500.00 Accounts Receivable-Crow Distributors 1,060.00 Accounts Receivable-Fiber Optics Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts 39,730.00 39.730.00 Cash Bad Debt Expense