On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age.

Accounts Receivable	Age of Accounts Receivable	Expected Percent Uncollectible
$ 840,000	Not yet due	1.25%
336,000	1 to 30 days past due	2.00
67,200	31 to 60 days past due	6.50
33,600	61 to 90 days past due	32.75
13,440	Over 90 days past due	68.00

2. Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage answers to nearest whole percent. Do not round intermediate calculations.)