On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age Accounts Receivable $900,000 360,000 72,000 36,000 14,400 Expected Percent Uncollectible 1.20% 1.95 Age of Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 days past due 6.45 32.50 67.00 2. Prepare the adjusting entry to record bad debts expense at December 31.