drop down options for question are: BDE, Recovery, Writeoffs

Mckenzie Ltd. provides for doubtful accounts based on 4% of credit sales. The following data are available for the current fiscal year: (Click the icon to view the data.) Required How much should be the balance in the allowance for doubtful accounts at December 31? Requirement. How much should be the balance in the allowance for doubtful accounts at December 31? Determine the ending balance for the allowance for doubtful accounts by preparing T-account for current fiscal year. (BDE = bad debts expense.) Allowance for doubtful accounts Beg bal Beg bal Data Table - X End bal End bal Credit sales during the year $ 3,250,000 Allowance for doubtful accounts Jan 1 26,000 Cr Collection of accounts written off in prior years 5,000 Customer accounts written off as uncollectible during the year 39,850 Print Done