On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	26,100
Accounts Receivable		48,200
Allowance for Uncollectible Accounts				$	5,200
Inventory		21,000
Land		56,000
Equipment		20,000
Accumulated Depreciation					2,500
Accounts Payable					29,500
Notes Payable (6%, due April 1, 2019)					60,000
Common Stock					45,000
Retained Earnings					29,100
Totals	$	171,300		$	171,300

During January 2018, the following transactions occur:

January 2	Sold gift cards totaling $10,000. The cards are redeemable for merchandise within one year of the purchase date.
January 6	Purchase additional inventory on account, $157,000.
January 15	Firework sales for the first half of the month total $145,000. All of these sales are on account. The cost of the units sold is $78,800.
January 23	Receive $126,400 from customers on accounts receivable.
January 25	Pay $100,000 to inventory suppliers on accounts payable.
January 28	Write off accounts receivable as uncollectible, $5,800.
January 30	Firework sales for the second half of the month total $153,000. Sales include $16,000 for cash and $137,000 on account. The cost of the units sold is $84,500.
January 31	Pay cash for monthly salaries, $53,000.

Record the adjustment needed for the allowance for uncollectible accounts at 12/31. At the end of January, $21,000 of accounts receivable are past due, and the company estimates that 30% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 4% will not be collected.