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On December $31,$ Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $$15,500.$ Jarden prepares a schedule of its December $31$ accounts receivable by age.

Accounts Receivable Age of Accounts Receivable Expected Percent Uncollectible

$ $860,000$ Not yet due $1\mathrm{.}25\%$

$344,0001$ to $30$ days past due $2\mathrm{.}00$

$68,80031$ to $60$ days past due $6\mathrm{.}50$

$34,40061$ to $90$ days past due $32\mathrm{.}75$

$13,760$ Over $90$ days past due $68\mathrm{.}00$

Required:

$1.$ Compute the required balance of the Allowance for Doubtful Accounts at December $31$ using an aging of accounts receivable.