6) The following information is from the 2015 records of Armadillo Camera Shops. (Please provide an organized explanation of the answer)

Accounts Receivable, December 31, 2015 $330,000 (debit)

Allowance for uncollectible accounts,

January 1, 2015 30,000 (credit)

Net sales for 2015 1,500,000

Accounts written off as uncollectible during 2015 25,500

Uncollectible accounts expense is estimated by the percent-of-sales method. Management estimates that 2% of net sales are uncollectible. Which of the following will be the 12/31/15 balance in the allowance for uncollectible accounts?

A) $25,500

B) $30,000

C) $34,500

D) $30,500