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The general ledger of Pop's Fireworks includes the following account balances in 2024:

Accounts	Debit	Credit
Cash	$22,400
Accounts Receivable	44,500
Allowance for Uncollectible Accounts		$3,400
Supplies	8,500
Notes Receivable (8%, due in 2 years)	22,000
Land	91,000
Accounts Payable		13,500
Common Stock		130,000
Retained Earnings		30,500
Service Revenue		126,000
Salaries Expense	71,500
Utilities Expense	26,000
Supplies Expense	17,500
Totals	$303,400	$303,400

In addition, the following transactions occurred during 2024 and are not yet reflected in the account balances above:

June 3	Provide additional services on account for $13,000. All services on account include terms 2/10, n/30.
June 8	Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $8,000.
November 15	Write off customer accounts of $3,900 as uncollectible.

The following information is available on December 31.

1. Estimate that 10% of the balance of accounts receivable (after transactions in requirement 1) will not be collected. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger to determine the total estimate of uncollectible accounts.)
2. Accrue interest on the note receivable of $22,000, which was accepted on October 1, 2024. Interest is due each September 30.

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