16. Blue Company provides for bad debts expense at the rate of 2% of credit sales. The following data are available for 2010: Allowance for doubtful accounts 1/1/10 (Cr.) $10,500 Accounts written off as uncollectible during 2010 $6,500 Credit sales in 2010 $1,500,000, The Allowance for Doubtful Accounts balance at December 31, 2010, should be: *