Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable During 2021. Cher Fred's credit sales and collections were $107.000 and $146.000, respectively. What was the balance of accounts receivable on January 1, 2021.580 in accounts receivable were written off during 2021 and if the allowance account had a balance of $840 on December 31, 2021? Multiple Choice 581080 5 None of these answer choices are correct 5860 $40,000