X-collinc had credit sales of $2,200,000 in 2014 Ayar End December 31, 2014 the company's lowance for Doubtful Accounts had an unadjusted credit balance of 511.000 The accountant for X-collinc has prepared a schedule of the December 31, 2014 accounts receivable by age and on the basis of past expenence has estimated the percentage of the receivables in each category that will become un collectible. This information is summed as follows December 31, 2014 Age of Accounts Esmaled Percentage Accounts Receivable Receivable Uncollectible 3 644,000 Not due (under 30 days) 125 412000 1 to 30 days parte 2.10 62,000 31 to 60 days past de 7 34000 61 to 90 days past due 12.000 Over 90 days past due 6925 ) Compute the amount that should appear in the December 31, 2014 balance sheet as the lowance for doubt accounts Allowance for doubtful accounts 3425 b) Prepare the journal entry to record bad debt expense for 2014 General Journal POJI (Date Account Explanation Debit Credit To record bad debt expense