Paulson Corporation estimates its annual provision for uncollectible accounts by analyzing the aged schedule of accounts receivable. EEE (Click the icon to view the schedule of accounts receivable.) It is common industry practice to estimate an allowance for uncollectible accounts based on the following rules (Click the icon to view the allowances provided.) Prepare the journal entry to record the provision for bad debts assuming that the existing credit balance in the allowance for doubtful accounts is equal to $23,130. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Current Year Schedule of Accounts Receivable Paulson Corporation: Aged Schedule of Accounts Receivable Past Due Current 1-30 Days 31-60 Days 61-90 Days Over 90 Days Total Totals $237.200 $ 127,200 $ 112.500 $ 56.200 S 19.900 551.000 Print Done