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Number of Days Past Due Customer Total Not Yet Due 1-30 31-60 61-90 Over 90 Aneesh 24,000 $9,000 $15,000 Bird 30,000 30,000 $40,000 Cope DeSpears

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Number of Days Past Due Customer Total Not Yet Due 1-30 31-60 61-90 Over 90 Aneesh 24,000 $9,000 $15,000 Bird 30,000 30,000 $40,000 Cope DeSpears Others 50,000 5,000 5,000 38,000 $38 120,000 72,000 35,000 13,000 Total AR $262,000 $107,000 $49,000 $28,000 $40,000 $38,0 Estimated percentage uncollectible 396 7% 12% 24% Total estimated bad$42400 $3,210 $3,430 debts $3,360 $2,600 $22 At December 31, 2016, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7839, Sales total $1563879, Sales Returns and Allowances equal $29186 Determine the amount of the adjusting entry for bad debts at December 31, 2016 using the aging of accounts receivable method. Answer in dollars and cents ($0.00)

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