Exercise 8-16 On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances: Accounts Debit Credit Cash $ 25,600 Accounts Receivable 47,200 Allowance for Uncollectible Accounts $ 4,700 Inventory 20,500 Land 51,000 Equipment 17,500 Accumulated Depreciation 2,000 Accounts Payable 29,000 Notes Payable (6%, due April 1, 2019) 55,000 Common Stock 40,000 Retained Earnings 31,100 Totals $ 161,800 $ 161,800 During January 2018, the following transactions occur: January 2 Sold gift cards totaling $9,000. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $152,000. January 15 Firework sales for the first half of the month total $140,000. All of these sales are on account. The cost of the units sold is $76,300. January 23 Receive $125,900 from customers on accounts receivable. January 25 Pay $95,000 to inventory suppliers on accounts payable. January 28 Write off accounts receivable as uncollectible, $5,300. January 30 Firework sales for the second half of the month total $148,000. Sales include $10,000 for cash and $138,000 on account. The cost of the units sold is $82,000. January 31 Pay cash for monthly salaries, $52,500.

I need help finding the bad debt expense and allowance for uncollectible accounts