A company has the following unadjusted account balances at December 31,of the current year;Accounts Receivable of $183,400 and Allowance for Doubtful Accounts of $1,600 (credit balance).The company uses the aging of accounts receivable to estimate its bad debts.The following aging schedule reflects its accounts receivable at the current year-end: 
Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31,of the current year,balance sheet.
Definitions:
Formal Mentoring Systems
Structured programs within organizations where experienced individuals provide guidance and support to less experienced employees.
Predictability
The capability of being accurately predicted or forecasted in advance.
Diversity Outcomes
The positive impacts and benefits that arise from promoting and achieving diversity within an organization, contributing to its overall success and inclusiveness.
Canadian Human Rights Act
Federal legislation in Canada that prohibits discrimination on various grounds such as race, age, sexual orientation, religion, gender, disability, and national or ethnic origin.
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