On December 31,2014,Zale Company Had an Unadjusted Debit Balance of $1,000

On December 31,2014,Zale Company had an unadjusted debit balance of $1,000 in its allowance for uncollectible accounts.An analysis of Zale's trade accounts receivable at that date revealed the following:
$\begin{array}{crc}&& \% \text { Estimated }\\\text { Age } & \text { Amount } & \text { Uncollectible } \\0-30 \text { days } & \$ 125,000 & 2 \% \\31-60 \text { days } & 34,000 & 5 \% \\61-90 \text { days } & 8,500 & 20 \% \\\text { Over } 90 \text { days } & 4,700 & 50 \%\end{array}$
Required:
What amount should Zale report as allowance for uncollectible accounts in its December 31,2014 balance sheet? Prepare any necessary adjusting entry at December 31,2014 related to this analysis.