Orange Products reports a December 31, 2020 balance in Accounts Receivable of $735,000 and net credit sales of $5,200,000 during 2020. Prepare the adjusting entry needed if an aging analysis of accounts receivable indicated that $29,000 of accounts are expected to be uncollectible. The Allowance for Doubtful Accounts has a credit balance of $1,750 before adjustment.