As of January 1, 2021, Farley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experience 3% of Farley's credit sales have been uncollectible. During 2021, Farley wrote off $633,000 of accounts receivable. Credit sales for 2021 were $18,300,000. In its December 31, 2021, balance sheet what amount should Farley report as allowance for uncollectible accounts? Select one: O a $439,000. Ob $549,000 OC $659,000 O d. $1,072,000