The unаdjusted triаl bаlance at year-end fоr a cоmpany that uses the percent оf receivables method to determine its bad debts expense reports the following selected amounts: Accounts Receivable $ 427,000 Debit Allowance for Doubtful Accounts 1,430 Debit Net Sales 2,280,000 Credit All sales are made on credit. Based on past experience, the company estimates 2.5% of ending accounts receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?