Question 4 (9 Marks) Sally Limited had a $1,600 debit balance in Allowance for Doubtful Accounts at December 31, 2022, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Estimated Percentage Uncollectible Current Accounts $300,000 1% 1-30 days past due. 30,000 3% 31-60 days past due. 16,000 6% 61-90 days past due. 10,000 12% Over 90 days past due 12,000 30% Total Accounts Receivable. $368.000 Instructions Prepare the adjusting entry at December 31, 2022, to recognize bad debts expense (show all your work to receive full marks)