Chez Fred Bakery estimates the allowance for uncollectible accounts at 1% of the ending balance of accounts receivable. During 2024 , Chez Fred's credit sales and collections were $108,000 and $136,000, respectively. What was the balance of accounts receivable on January 1,2024 , if $130 in accounts receivable were written off during 2024 and if the allowance account had a balance of $510 on December 31,2024 ? Multiple Choice $36,000 $410 $79,130 None of these answer choices are correct