Zovio is a for-profit provider of higher education.In this industry, investors follow uncollectible accounts closely.If write-offs in 2022 were $15,720, what journal entry did Zovio make in 2022 to record bad debt expense?

  In 2022, Zovio earned tuition revenue of $417,795.Assume all of this was on account.If write-offs were $15,720, how much cash did Zovio collect in 2022 from students for tuition?

              

Zovio (ZVO)	Dec. 31, 2022	Dec. 31, 2021
Cash	69,280	166,307
Accounts receivable, less allowance of $13,712 and $12,180 in 2022 and 2021, respectively	34,951	27,015
Other current assets	46,313	38,942
Total current assets	$150,544	$ 232,264