Duncan Corporation uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered young and have a 6% uncollectible rate. Accounts more than 60 days are considered old and have a 37% uncollectible rate. Duncan's Allowance for doubtful accounts currently has an unadjusted credit balance of $3,000. If Duncan has $59,700 of young accounts and $8,000 of old accounts, how much should be reported in the adjusted Allowance for doubtful accounts