At December 31, Gill Co. reported accounts receivable of $233,000 and an allowance for uncollectible accounts of $1,200 (credit) 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 $4,660 $4,170. $3,460. $1,200