On January 1, 2018, the general ledger of Big Blast Fireworks includes the following account balances: Accounts Debit Credit Cash $ 22,900 Accounts Receivable 39,000 Inventory 35,000 Land 69,100 Allowance for Uncollectible Accounts 4,100 Accounts Payable 29,900 Notes Payable (12%, due in 3 years) 35,000 Common Stock 61,000 Retained Earnings 36,000 Totals $ 166,000 $ 166,000 The $35,000 beginning balance of inventory consists of 350 units, each costing $100. During January 2018, Big Blast Fireworks had the following inventory transactions: January 3 Purchase 1,400 units for $154,000 on account ($110 each). January 8 Purchase 1,500 units for $172,500 on account ($115 each). January 12 Purchase 1,600 units for $192,000 on account ($120 each). January 15 Return 125 of the units purchased on January 12 because of defects. January 19 Sell 4,600 units on account for $690,000. The cost of the units sold is determined using a FIFO perpetual inventory system. January 22 Receive $665,000 from customers on accounts receivable. January 24 Pay $495,000 to inventory suppliers on accounts payable. January 27 Write off accounts receivable as uncollectible, $3,000. January 31 Pay cash for salaries during January, $119,000. The following information is available on January 31, 2018. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each. At the end of January, $4,500 of accounts receivable are past due, and the company estimates that 40% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 4% will not be collected. Accrued interest expense on notes payable for January. Interest is expected to be paid each December 31. Accrued income taxes at the end of January are $12,800. Prepare the adjusting entry for uncollectible accounts.