Hachey Company has accounts receivable of 95100 at March 31,2007.An analysis of the accounts shows these amounts. Balance, March 31 Month of Sale 2007 2006 March $65000 $75000 February 12600 8000 December and January 10100 2400 November and October 7400 1100 $95100 $86500 Credit terms are 2/10,n/30.At March 31,2007,there is a $2200 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage of receivable basis for estimating uncollectible accounts. The company’s estimates of bad debts as shown on next page. Age of Accounts Estimated Percentage Uncollectible Current 2% 1-30 days past due 7 31-90 days past due 30 Over 90 days 50 Instructions (a) Determine the total estimated uncollectibles. (b) Prepare the adjusting entry at March 31,2007,to record bad debts expense.