Problem D: A company has the following unadjusted account balances at December 31 of the current year; Accounts Receivable of $205,400 and Allowance for Doubtful Accounts of $2,300 (credit balance). The company uses the aging of accounts receivable to estimate its bad debts. The following aging schedule reflects its accounts receivable at the current year-end: Account Age Current (not yet due) 1 to 30 days past due 30 to 60 days past due 61 to 90 days past due Over 90 days past due Total Balance $ 116,000 Estimated Uncollectible Percentage 3.0 58,000 5.0% 16,000 12.0 10,500 27.00 4,900 78.00 $205,400 Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31, of the current year, balance sheet.