At the end of the year, Mercy Cosmetics balance of Allowance for Uncollectible Accounts is $700 (debih before adjustment. The balance of Accounts Receivable is $26,000. The company estimates that 10% of accounts will not be collected over the next year, What is the adjustment Mercy Cosmetics would record for Allowance for Uncollectible Accounts? (If no entry is required for a particular transactionlevent, select "No Journal Entry Required" in the first account field.)