The general ledger account for Accounts Receivable shows a debit balance of $50,000.

Allowance for Uncollectible Accounts has a credit balance of $3,000. Net sales for the year

were $500,000. In the past, 3 percent of sales have proved uncollectible, and an aging of

accounts receivable resulted in an estimate of $20,000 of uncollectible accounts receivable.

Using the accounts receivable aging method, the Allowance for Uncollectible Accounts

balance (after adjustment) would be