Sales returns and allowances (credit sales)$ 25,000
Cash sales 1,200,000
Unadjusted balance in Allowance for Doubtful 1,000 credit
Accounts
Credit sales 2,535,000

If bad debts are estimated to be 3% of net credit sales, the adjusting entry to recognize uncollectible accounts will include a debit to expense for
$76,050
$76,020
$75,300
$75,270