Jarden Company has credit sales of $2,300,000 for year 2017. On December 31, 2017, the companys Allowance for Doubtful Accounts has an unadjusted credit balance of $18,370. Jarden prepares a schedule of its December 31, 2017, accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here. December 31, 2017 Accounts Receivable Age of Accounts Receivable Expected Percent Uncollectible $ 460,000 Not yet due 1.45 % 184,000 1 to 30 days past due 2.20 36,800 31 to 60 days past due 6.70 18,400 61 to 90 days past due 33.75 3,680 Over 90 days past due 70.00 2. Prepare the adjusting entry to record bad debts expense at December 31, 2017.