Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2021, accounts receivable totaled $690,000. The provision method is used to account for uncollectible accounts. The allowance for uncollectible accounts had a credit balance of $45,000 at the beginning of 2021 and $27,500 in accounts receivable was written off during the year as uncollectible. In addition, $2,500 in cash was received in December from a customer whose account had previously been closed. The company estimates bad debts by applying a percentage of 10% to accounts receivable at the end of the year. Required: 

1. Prepare journal entries to record the write-off of accounts receivable, the collection of $2,500 for previously written-off receivables, and the year-end adjusting entry for bad debt expense.