Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $84,000 and $4.650, respectively During Year 2, Allegheny wrote off $8,700 of Uncollectible Accounts. Using the percent of receivables method, Alegheny estimates that the ending Allowance for Doubtful Accounts balance should be $7,000. What amount will Allegheny report as Uncollectible Accounts Expense on its Year 2 incom statement? Multiple Choice $2,350 $11,050 $7,000 $8,700