1. The balance of accounts receivable is $75,000 at the end of the period. Income statement approach is used to estimate uncollectible accounts. Prior to adjustment, the allowance for uncollectible accounts has a credit balance of $7,200. The net realizable value of receivables is $65,400 at the end of the period. What is the amount of uncollectible accounts expense recorded for the period? * (3 points) $7,200 $9,600 $65,400 $2.400