Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis.

				Days Past Due
	Total			0			1 to 30				31 to 60				61 to 90				Over 90
Accounts receivable	$	171,000		$	96,000			$	34,000			$	15,000			$	12,000			$	14,000
Percent uncollectible					1	%			4	%			6	%			9	%			12	%

1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $2,600 credit.