Amazon Company has been in business several years. At the end of the current year, the ledger shows:

Accounts Receivable                                       R$ 310,000 Dr.
Sales Revenue                                                 2,200,000 Cr.
Allowance for Doubtful Accounts                            4,700 Cr.

Bad debts are estimated to be 5% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts.