In 2020, Crane Company had credit sales of $1035000 and granted sales discounts of $29000. On January 1, 2020, Allowance for Doubtful Accounts had a credit balance of $25700. During 2020, $40400 of uncollectible accounts receivable were written off. Past experience indicates that 4% of net credit sales become uncollectible. What should be the adjusted balance of Allowance for Doubtful Accounts at December 31, 2020?