At January 1, Davidson Services has the following balances: Davidson has the following transactions during January: Credit sales of $80,000, collections of $76,000, and write-offs of $12,000. Davidson uses the direct write-off method. At the end of January, the balance in Accounts receivable is:

$16,000

$4,000

$68,000.

$28,000.

Accounts receivable Uncollectible accounts expense 0 24,000