Ivanhoe, Inc had net sales in 2020 of $1.449,600. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable $ 228,400 debit, and Allowance for Doubtful Accounts $ 3.280 credit. If Ivanhoe estimates that 8% of its receivables will prove to be uncollectible. Prepare the December 31, 2020, journal entry to record bad debt expense. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31. 2020 18272