Crane Company has outstanding accounts receivable totaling $1.27 million as of December 31 and sales on credit during the year of $6.41 million. There is also a debit balance of $6600 in the allowance for doubtful accounts. If the company estimates that 3% of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense? O $38100 $44700 $31500 $37902 A trial balance before adjustments included the following: Debit Credit $1730000 Sales Sales returns and allowance Accounts receivable Allowance for doubtful accounts $57000 172000 2460 If the estimate of uncollectibles accounts is made by taking 9% of gross account receivables, the amount of the adjustment is $13020 $15259. $17940. $15480