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At December 31, ABC Company had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible Accounts of $950 (credit) before any adjustments. An analysis of ABC Company's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. Bad debt expense for the year should be: Multiple Choice Multiple Choice $11.031. () $12,080. $11.130. $13.030