Presented below is an aging schedule for Halleran Company. Anders Blake Coulson Deleon Others Estimated Percentage Uncollectible Total Estimated Bad Debts Customer Allowance for Doubtful Accounts Balance 12/31/2023 Number of Days Past Due Total Not yet Due 1-30 31-60 61-90 Over 90 27,500 12,500 15,000 50,000 50,000 71,250 20,000 7,500 43,750 42,500 42,500 165,000 120,000 20,000 17,500 7,500 $ 356,250 $ 190,000 $ 40,000 $ 32,500 $ 43,750 $ 50,000 3% 6% 13% 25% 50% At December 31, 2023, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000. Instructions: Calculate the Allowance for Doubtful Accounts Balance as of December 31, 2023