tin Progress . The following information is related to December 31, 2021 balances Accounts receivable $1570000 Allowance for doubtful accounts (credit) (117000) Cash realizable value 1453000 . During 2022 sales on account were $376000 and collections on account were $229000. The company wrote off $21900 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $143000. Bad debt expense for 2022 is: O $4100 $26000 O $143000 O $47900 In 2022 the Oriole Company had net credit sales of $980000. On January 1, 2022, the Allowance for Doubtful Accounts had a credit balance of $22700. During 2022. $33800 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 15% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $238000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022? O $58400 $33800 O $46800 O $35700