Strawberry Company has a 12/31 year-end. They have asked the 181 class to provide them some advice. We pull the Unadjusted Trial balance at 12/31, and we find the following: Strawberry Company Unadjusted Trial Balance 12/31/2020 Account Dr Balance Cr. Balance Cash 10,000 Accounts Receivable 25,000 Allowance for Doubtful Accounts 2,500 Supplies 2,000 Equipment 50,000 Accumulated Depreciaiton Equipment 10,000 Accounts Payable 6,000 Wages Payable 8,000 Common Stock 14,000 Retained Earnings 20,000 Sales Revenue 75,000 Cost of Goods Sold 30,000 Wages Expense 10,000 Supplies Expense 5,000 Depreciaiton Expense 2,000 Bad Debt Expense 500 Miscellaneous Expense 1.000 Totals 135,500 135,500 History tells us that.4% of sales will be uncollectible. We also know that history tells us 12% of the Accounts Receivable Balance will be uncollectible. 14: What is the amount of the adjusting entry we would make on 12/31 If we use the % of Sales method to estimate bad debt expense