Web Wizard, Inc. has provided information technology services for several years. The company uses the percentage of credit sales method to estimate bad debts for internal monthly reporting purposes. At the end of each quarter, the company adjusts its records using the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter.

a.	During January, the company provided services for $50,000 on credit.
b.	On January 31, the company estimated bad debts using 1 percent of credit sales.
c.	On February 4, the company collected $25,000 of accounts receivable.
d.	On February 15, the company wrote off a $150 account receivable.
e.	During February, the company provided services for $40,000 on credit.
f.	On February 28, the company estimated bad debts using 1 percent of credit sales.
g.	On March 1, the company loaned $2,200 to an employee who signed a 6% note, due in 6 months.
h.	On March 15, the company collected $150 on the account written off one month earlier.
i.	On March 31, the company accrued interest earned on the note.
j.	On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,300.

Number of Days Unpaid Total 0-30 31-60 61-90 Over 90 Customer 230 110 90 30 Alabama Tourism 500 500 Bayside Bungalows Others (not shown to save space) 19,200 7800 9.400 1.100 900 Xciting Xcursions 390 390 Total Accounts Receivable $20.320 $8.300 $9.490 1130 $1.400 Estimated uncollectible 29% 10% 20% 30%