Please help with the following homework question:

At December 31, Folgeys Coffee Company reports the following results for its calendar year.

Cash sales	$	906,000
Credit sales		306,000

Its year-end unadjusted trial balance includes the following items.

Accounts receivable	$	131,000	debit
Allowance for doubtful accounts		5,600	debit

Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5% of credit sales, (2) 3% of total sales and (3) 8% of year-end accounts receivable.