Frick Co. reported sales revenue of $4,600,000 in its income statement for the year ended December 31, 2015. Additional information is as follows from the unadjusted trial balance: 12/31/14 12/31/15 Accounts receivable $1,000,000 $1,300,000 Allowance for uncollectible accounts (110,000) (10,000) Frick wrote off uncollectible accounts totaling $100,000 during 2015 and the proper entry to record those write-offs has already been made in the accounts. Management has calculated that the allowance for uncollectible accounts should/must be ($60,000) at the end of 2015 after evaluating the collectibility of the receivables. Prepare any required general journal adjusting entry (without explanation) to record the bad debts expense for the year ending 12/31/15. If no entry is required then identify this fact in the journal by stating 'no entry' in the journal.