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Please provide steps to the problem. Thank you. Haghes hats a debit balance of $5.000 in its Allowance for Doubtful Accounts before ary adjustments are

Please provide steps to the problem. Thank you.
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Haghes hats a debit balance of $5.000 in its Allowance for Doubtful Accounts before ary adjustments are made at the end of the year: gaced an the reriets and aging of its accounts receivable at the end of the year. Hughes estimates that 560.000 af its receivables are uncollectitle in this situation, the amount of bad debt expense that thould be reported for the year is $65000$5,000560000555000

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