At December 31, Gill Co. reported accounts receivable of $244,000 and an allowance for uncollectible accounts of $1,300 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. The amount of the adjustment for uncollectible accounts would be: Multiple Choice $1,300. $9,760 $8,460 $11,060