110. Assume that part of accounts and other receivables on Trejada Toys' balance sheet is $8 million as of February 2, 2014. Also assume that Allowance for Uncollectible Accounts has a credit balance of $275,000, that Trejada estimates its uncollectible accounts as 0.1 percent of net sales, and the amount of sales is $5,509,500,000. Record the adjusting entry to recognize uncollectible accounts using the percentage of net sales method