Pronghorn Company reports the following financial information before adjustments.

		Dr.			Cr.
Accounts Receivable		$130,100
Allowance for Doubtful Accounts					$3,310
Sales Revenue (all on credit)					808,500
Sales Returns and Allowances		52,830

Prepare the journal entry to record bad debt expense assuming Pronghorn Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,490 debit balance.