At the beginning of 20X3, N4j Tax Prep Company reported Accounts Receivable $10500 and Allowance for Uncollectible Accounts $1000 (debit). During 20X3, before recording the year-end adjusting entries, the Company recorded credit service revenue $27000 and wrote off accounts receivable $300. The following balance was reported on December 31, 20X3, before any adjustment: Accounts Receivable = $23000. The Company estimates uncollectible accounts based on an aging of accounts receivable as shown below. Age Group Not yet due 0-30 days past due Amount Receivable Estimated Percent Uncollectible $ 18,000 10% 3,000 30% More than 30 days past due Total $ 2,000 60% 23,000 Required: Please choose the best answer to the following questions based on the above information.