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Calistoga Produce estimates bad debt expense at % of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650,

Calistoga Produce estimates bad debt expense at % of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at December 31, 20120. During 2021, Calistoga's credit sales were $315,000 and cash collections were $319,000. In addition, during 2021, $1,720 in accounts receivable were written off. Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is: 1) $1,650. 2) $1,505. 3) $1,575. 4) $1,720

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