Concord Corporation had a 1 /1/25 balance in Allowance for Doubtful Accounts of $19500.During 2025, the company wrote off $12400 of accounts and collected $3960 on accounts previously written off. The balance in Accounts Receivable was $ 395000 at 1/1 and $481000 at 12/31.At 12/31/25, Concord estimates that 6% of accounts receivable will prove to be uncollectible.What should Concord report for Allowance for Doubtful Accounts at 12/31/25?

a.$11060

b.$12260

c.$16220

d.$28860