Waterway Industries has accounts receivable of $$98,600$ at March $31,2022.$ Credit terms are $2/10,$ n$/30.$ At March $31,2022,$ there is a $$2,227$ credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage$-$of$-$receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.

Question:

PREPARE THE ADJUSTING ENTRY AT MARCH $31,2022$ TO RECORD BAD DEBT EXPENSE