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24 Cash sales, $154,000 Credit sales, $454,000 Selling and administrative expenses, $114,000 Sales returns and allowances, $34,000 Gross profit, $494,000 Accounts receivable, $145,000 Sales discounts,

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24 Cash sales, $154,000 Credit sales, $454,000 Selling and administrative expenses, $114,000 Sales returns and allowances, $34,000 Gross profit, $494,000 Accounts receivable, $145,000 Sales discounts, $18,000 Allowance for doubtful accounts credit balance, $1,600 Flyer prepares an aging of accounts receivable and the result shows that 3% of accounts receivable is estimated to be uncollect debt expense? Multiple Choice O o oo

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