Winfrey Designs had an unadjusted credit balance in its Allowance for Doubtful Accounts at December 31, 2020, of $2,450. Required: a. Prepare the adjusting entry assuming that Winfrey estimates uncollectible accounts based on an aging analysis as follows.

December 31, 2020 Accounts Receivable			Age of Accounts Receivable	Expected Percentage Uncollectible
$	168,000		Not due (under 30 days)		1	%
	48,000		1 to 30 days past due		4	%
	11,500		31 to 60 days past due		10	%
	2,600		Over 60 days past due		60	%