Required information The following information applies to the questions displayed below) On December 31, Jorden Company's Alowance for Doubtful Accounts has an unadjusted credit balance of 514,500 Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 900,000 Not yet due 1.250 360,000 1 to 30 days past due 2.08 72,000 31 to 60 days past due 6.58 36,000 61 to 90 days past due 32.75 14,400 Over 90 days past due 68.00 2. Prepare the adjusting entry to record bad debts expense at December 31, (Round percentage answers to nearest whole percent Do not round Intermediate calculations.) View transaction list Journal entry worksheet Record the estimated bad debts