As of January 1, 2018, Farley Co. had a credit balance of $537,000 in its allowance for uncollectible accounts. Based on experience, 1% of Farley's credit sales have been uncollectible. During 2018, Farley wrote off $644,000 of accounts receivable. Credit sales for 2018 were $18,200,000. In its December 31, 2018, balance sheet, what amount should Farley report as allowance for uncollectible accounts? Multiple Choice $182,000. $289,000 Loo ooo $719,000. $75,000