please help me in this questions.

The following is information taken from the June 30, 2020, balance sheet of Tippleton Company Accounts receivable Less: Allowance for doubtful accounts $340, eee 14,8ee $325, 200 Part 1 During July, Tippleton Company recorded total sales of $904,000, all on credit. There were $32,000 of sales returns and allowances Collections during July were $982,000. Total receivables identified as being uncollectible and written off during July were $17,000 Tippleton estimates bad debts as 1% of net credit sales. Required: Prepare the adjusting entry to record estimated bad debts for July