The company had credit sales of $110,000 for the calendrer period 2021. Accounts receivable at the beginning of the year was $25,000. $90,000 was collected during 2021.The allowance for doubtful accounts totals at the beginning of the year was $1800.$1500 of accounts receivable were written off during the year as uncollectible. Assuming the company estimates the allowance for bad debts to be 2% of credit sales, what is the year end adjusting entry?