Balances before bad debt expense adjustment 1,102,003 .__'_-.__. _"_"'1J __..__ .__. 4.3% of adjusted accounts receivable [1] 1,142,342 Adjustment required 42,342 Balances before bad debt expense adjustment 1,100,003 AJE 4-12 42,342 Balance per audit 1332D14 1,142,342 Adjusted ending accounts receivable balance 22,523,253 Experience ratio 4.3% Required ending allowance balance 1,140,522