Required information The following information applies to the questions displayed below. On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500 Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Receivable $ 830,000 254,000 86,000 38,000 12,000 Age of Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 days past due Expected Percent Uncollectible 1.25 2.00 6.50 32.75 68.00 2. Prepare the adjusting entry to record bad debts expense at December 31