Percent of accounts receivable method

At each calendar year-end, Mazie supply Co. uses the percent of accounts reveivable method to estimate bad debts. On December 31, 2015, it has outstanding accounts receivable of $55,000, and it estimates that 2% will be uncollectible. Prepare the adjusting entry to record bad debts expense for year 2015 under the assumption that Allowance for Doubtful Accounts has (a) $415 credit balance before the adjustment and (b) a $291 debit balance beofre adjustment.