Presented below is an aging schedule for Halleran Company. Anders Blake Coulson Deleon Others Estimated Percentage Uncollectible Total Estimated Bad Debts Customer Number of Days Past Due Total Not yet Due 1-30 31-60 61-90 Over 90 27,500 0 50,000 50,000 12,500 0 15,000 0 0 0 0 0 71,250 20,000 7,500 0 43,750 0 42,500 0 0 0 0 42,500 165,000 120,000 20,000 17,500 0 7,500 356,250 190,000 40,000 32,500 43,750 50,000 3% 6% 13% 25% 50% Allowance for Doubtful Accounts Balance 12/31/2023 At December 31, 2023, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000. Instructions: Calculate the Allowance for Doubtful Accounts Balance as of December 31, 2023