A company used the percent of sales method to determine its bad debts expense. At

A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable $ 441,000 Debit Allowance for Doubtful Accounts 1,310 Debit Net Sales 2,160,000 Credit All sales are made on credit. Based on past experience, the company estimates 1.0% of its net sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense