3. Shore Co. provides for doubtful accounts based on 4% of gross accounts receivable, which had a balance of $1,500,000 at year-end. The following data are available for 2019. Credit sales during 2019 Allowance for doubtful accounts 1/1/19 Collection of accounts written off in prior years $4,400,000 17,000 (customer credit was reestablished) Customer accounts written off as uncollectible during 2019 3 8,000 30,000 What is the balance in Allowance for Doubtful Accounts at December 31, 2019?

3. Shore Co. provides for doubtful accounts based on 4% of gross accounts receivable, which had a balance of $1,500,000 at year-end. The following data are available for 2019. Credit sales during 2019 $4,400,000 Allowance for doubtful accounts 1/1/19 17,000 Collection of accounts written off in prior years (customer credit was reestablished) 8,000 Customer accounts written off as uncollectible during 2019 30,000 3 What is the balance in Allowance for Doubtful Accounts at December 31, 2019