Calistoga Produce estimates bad debt expense at %2% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at December 31, 2022. During 2023, Calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off. Required: What is Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2023? 1,505

Calistoga Produce estimates bad debt expense at 1/2% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at December 31, 2022. During 2023, Calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off. Required: What is Calistoga's final balance in its allowance for uncollectible accounts at December 31,2023