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Oceanside-Company uses the baiance sheet aporoach in estimating uncolectible occounts expense, its Alowance for Doubafut Accoumts has a s1, Eo0 credit balance pror to adjusting entres. It has just completed an aging analysis of accounts recelvable at Docember at. Yonr t. This aneylis disciosed the folieving informaticn What is the appropriate balance for Oceanside's Allowance for Doubthil Accounss at December 31, Year 1? Mukple Chake $2.300 544,000 51300 What is the appropriate balance for Oceanside's Allowance for Doubtful Accounts at December 31, Year 1 ? Multiple Choice $2.300 344,000 $1,700 5104,000