A company uses the aging of receivables method. During the year, the company recorded credit sales of $650,000. Before adjusting entries at year-end, the company has accounts receivable of $380,000, of which $52,000 is past due, and the allowance account had a credit balance of $2,800. The company expects it will not collect 5% of the amount not yet past due and 29% of the past due accounts. Which of the following adjusting entries will the company record at year-end? Multiple Choice Option A Option B Option C Option D