Tamarisk, Inc. has accounts receivable of $96,500 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,244 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 $66,000 $79,900 2 %

130 days past due 13,000 7,930 5%

3190 days past due 10,600 2,540 33%

Over 90 days past due 6,900 1,060 54%

Total balance : $96,500 $91,430

Determine the total estimated uncollectibles.

The total estimated uncollectibles $

Prepare the adjusting entry at March 31, 2017, to record bad debt expense.