At the beginning of the year, a company had the following account balances. During the year, the company reported credit sales of $826,000 and cash collections on account of $388,000. Actual write-offs of uncollectible accounts totaled $13,800. The company's policy is to recognize bad debt expense equal to 1.8% of credit sales each year. What is the balance of the allowance for uncollectible accounts at year-end? $17,675 $1,200 $29,868 $16,068 $13,932