Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. Dur 2021. Chez Fred's credit sales and collections were $120,000 and $135,000, respectively. What was the balance of accounts receivable on January 1, 2021, if $160 in accounts receivable were written off during 2021 and if the allowance account had balance of $660 on December 31, 2021? O $37.160. O $35,000 $610 None of these answer choices are correct.