Pronghorn Corporation has conducted a year-end review of its outstanding accounts receivable and has determined the following information at December 31, 2021: Outstanding Percentage Estimated Balance to be Uncollectible $72,800 31.200 15,600 10% 5,200 18% 2,100 2495 0 - 30 days outstanding 31 - 60 days outstanding 61 - 90 days outstanding 91 - 120 days outstanding Over 120 days outstanding 5% (a) Prepare the year-end adjusting entry for bad debt expense, assuming allowance for doubtful accounts had a credit balance of $2,100 prior to the adjustment.(Round answers to 0 decimal places, e-s. 8.971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts (b) Prepare the year-end adjusting entry for bad debt expense, assuming allowance for doubtful accounts had a debit balance of $1,200 prior to the adjustment. (Round answers to manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) decimal places, e.g. 8.971. Credit account titles are automatically indented when amount is entered. Do not indent Debit Credit Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts