On December 31, Jarden Co.'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
$	880,000	Not yet due	1.30	%
	352,000	1 to 30 days past due	2.05
	70,400	31 to 60 days past due	6.55
	35,200	61 to 90 days past due	33.00
	14,080	Over 90 days past due	69.00

Record the Estimated Bad Debts

3. On June 30 of the next year, Jarden concludes that a customers $3,950 receivable is uncollectible and the account is written off. Does this write off directly affect Jarden's net income?

Affects Jordan's Net Income $______