Sage Hill Inc. has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $315,700 2,369.100 5.209 Bad debts are estimated to be 6% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) Assets = Liabilities + Stockholders' Equity Allowance for Retained Earnings Accounts Receivable doubtful accounts Common Stock Revenue Expense Beg. Bal. $ $ $ $ $ Adj