At December 31, Gill Co. reported accounts receivable of $227,000 and an allowance for uncollectible accounts of $1,000 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. The amount of the adjustment for uncollectible accounts would be: Multiple Choice $3,540. $1,000. $4,540. $5,540.