At the beginning of the current period, Golden Corporation had balances in Accounts Receivable of $196,000 and in Allowance for Doubtful Accounts of $9,000 (credit). During the period, Golden had credit sales of $784,000 and collections on account of $748,100 Golden expects a return rate of 5%. Golden uses a perpetual inventory system and determined that the cost of goods sold during the period was $656,600. Golden wrote off as uncollectible, accounts receivable of $7.400. However, a $3,300 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $24,500 at the end of the period.