At December 31, Gill Co. reported accounts receivable of $291,000 and an allowance for uncollectible accounts of $800 (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

• $3,930.

• $800.

• $5,020.

• $5,820.