The following data are from Year 1 for Queeg Company. Beginning Allowance for Doubtful Accounts = $400,000 Write-offs during the year = $480,000 Maryk & Greenwald, the auditors of Queeg's financial statements, compiled an aged accounts receivable analysis of Queeg's accounts at the end of Year 1. This analysis has led Maryk & Greenwald to estimate that, of the accounts receivable Queeg has as of the end of Year 1, $270,000 will ultimately prove to be uncollectible. Given this analysis, which ONE of the following should be included in the adjusting journal entry that Maryk & Greenwald should suggest at the end of the year? CREDIT to Allowance for Doubtful Accounts for $130,000 CREDIT to Accounts Receivable for $130,000 CREDIT to Accounts Receivable for $350,000 CREDIT to Allowance for Doubtful Accounts for $350,000 CREDIT to Bad Debt Expense for $350,000 CREDIT to Bad Debt Expense for $130,000