Kingbird Company has accounts receivable of $108,100 at March 31, 2020. Credit terms are2/10, n/30. At March 31, 2020, there is a $1,300 credit balance in Allowance for DoubtfulAccounts prior to adjustment. The company uses the percentage-of-receivables basis forestimating uncollectible accounts. The company's estimate of bad debts is shown below