At the end of year 1, Boller Co. had an ending balance in allowance for uncollectible accounts of $30,000. During year 2, Boller wrote off $40,000 of accounts receivable. At the end of year 2, Boller had $300,000 in accounts receivable and determined that 8% of these would be uncollectible. What amount should be reported as uncollectible accounts expense on Boller's year 2 income statement? O $14,000 O $24,000 O $34,000 O $64,000