At the end of the year, Syer Associates had adebitbalance in its allowance for uncollectible accounts of $16,000 before adjustment. The balance in Syer's gross accounts receivable is $485,000. Syer's management estimates that 9% of its accounts receivable balance will not be collected.

What journal entry should Syer record to adjust its allowance for uncollectible accounts?(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)