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Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2021. Chez Fred's credit sales and

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Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2021. Chez Fred's credit sales and collections were $115.000 and $144,000. accounts receivable on January 1, 2021, if $110 in accounts receivable were written off during 2021 and if the allowance account had a balance of $750 on December 31, 2021? Multiple Choice O $690. O O $66.610 0 None of these answer choices are correct. O $44.000

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