7. Kentucky Supply Co., which had beginning balance in its Accounts Receivable and Allowance for Doubtful Accounts of $2,000 and $100, respectively. During 2018, it earned $8,000 of revenue on account. During 2018, the company collected $6,000 of cash from its receivables accounts. Kentucky estimates that it will be unable to collect 2% of revenue on account. Which of the following would be true at December 31, 2018? A. Uncollectible accounts expense would be $260 B. Net realizable value would be $3,840 C. Balance of Accounts receivable would be $2,000 D. Balance in the allowance account would be $260 E. None of the above