On January 1, 2014, Oswalt Company had Accounts Receivable of $67,000 and Allowance for Doubtful Accounts of $4,300. Oswalt Company prepares financial statements annually. During the year, the following selected transactions occurred.

1.		Jan. 5		Sold $6,700 of merchandise to Ross Company, terms n/30.
2.		Feb. 2		Accepted a $6,700, 4-month, 9% promissory note from Ross Company for balance due.
3.		12		Sold $11,300 of merchandise to Cano Company and accepted Cano