$[$The following information applies to the questions displayed below.$]$

On December $31,$ Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $$16,000.$ Jarden prepares a schedule of its December $31$ accounts receivable by age.

Accounts Receivable Age of Accounts Receivable Expected Percent Uncollectible

$ $840,000$ Not yet due $1\mathrm{.}20\%$

$336,0001$ to $30$ days past due $1\mathrm{.}95$

$67,20031$ to $60$ days past due $6\mathrm{.}45$

$33,60061$ to $90$ days past due $32\mathrm{.}50$

$13,440$ Over $90$ days past due $67\mathrm{.}00$

$2.$ Prepare the adjusting entry to record bad debts expense at December $31.$

Note: Round percentage answers to nearest whole percent. Do not round intermediate calculations.

$3.$ On June $30$ of the next year, Jarden concludes that a customer$$s $$3,500$ receivable is uncollectible and the account is written off. Does this write$-$off directly affect Jarden's net income?