Sunland Company has accounts receivable of $94,800 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,271 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The companys estimates of bad debts are as shown below.

		Balance, March 31				Estimated Percentage Uncollectible
Age of Accounts		2017		2016
Current		$63,400		$80,240		2	%
130 days past due		13,200		7,500		5
3190 days past due		11,000		2,170		32
Over 90 days past due		7,200		1,130		54
		$94,800		$91,040
	Prepare the adjusting entry at March 31, 2017, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)