A company has the following balances on December 31, 2021, before any year-end adjustments: Accounts Receivable = $79,000; Allowance for Uncollectible Accounts = $1,700 (credit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below:

				Estimated
	Amount			Percent
Age Group	Receivable			Uncollectible
Not yet due	$	45,000		5	%
0 30 days past due		20,000		15	%
31 90 days past due		11,000		45	%
More than 90 days past due		3,000		80	%
Total	$	79,000

Record the adjustment for uncollectible accounts on December 31, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)