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A company has total accounts receivable of $ 5 1 6 0 0 0 at year - end. It estimates that uncollectible accounts will be

A company has total accounts receivable of $516000 at year-end. It estimates that uncollectible accounts will be 3% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of $2000 prior to adjustment, its balance after adjustment will be a credit balance of
$17480.
$15420.
$13480.
$15480.
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