On December 31, 20X1, before adjusting entries, the balances of selected accounts of the Battlefield Equipment Company were as follows: Accounts Receivable $ 923,000 Allowance for Uncollectible Accounts (debit balance) 2,300 dr. The company has determined that historically about 3.5 percent of accounts receivable are never collected and uses this basis to determine its bad debts provision. Required: Compute the estimated amount of uncollectible accounts and prepare the journal entry to record the company's estimated loss from uncollectible accounts on December 31