Splish Brothers Inc. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end.

(a)- ANSWERED- SCROLL TO QUESTION B

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Calculate the total estimated bad debts based on the information below.

				Number of Days Outstanding
		Total		030		3160		6190		91120		Over 120
Accounts receivable		$538,000		$374,000		$88,000		$40,000		$24,000		$12,000
% uncollectible				1%		4%		5%		7%		11%
Estimated bad debts		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars

B. Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined above. Assume the unadjusted balance in Allowance for Doubtful Accounts is a $3,800 debit. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)