At December 31, 2014, Credit Valley Nissan has an Accounts Receivable balance of $101,000. Allowance for Uncollectible Accounts has a credit balance of $2,000 before the year-end adjustment. Service revenue for 2014 was $800,000. Credit Valley estimates that bad debt expense for the year is 1% of sales. Make the December 31 entry to record bad debt expense. Show how the accounts receivable and the allowance for uncollectible accounts are reported on the balance sheet. Use the reporting format "Accounts receivable, net of allowance for uncollectible accounts $-" in 2014. Insert the value you've calculated for the allowance.