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14. Oceanside Company uses the balance sheet approach in estimating uncollectible accounts expense. Its Allowance for Doubtful Accounts has a $1,200 credit balance prior to

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14. Oceanside Company uses the balance sheet approach in estimating uncollectible accounts expense. Its Allowance for Doubtful Accounts has a $1,200 credit balance prior to adjusting entries. It has just completed an aging analysis of accounts receivable at December 31, 2018. This analysis disclosed the following information: Percentage Considered Uncollectible Age Group Total Not yet due 1-30 days past due 31-60 past due $ $ 52,000 $ 30,000 13,000 8 % What is the appropriate balance for Oceanside's Allowance for Doubtful Accounts at December 31, 2018? (3 Points) $95,000 $3,360 $2,160 some other amount

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