D) S&R Company uses the aging of accounts receivable approach to estimate bad debt expense. On December 31, 2019, an analysis of accounts receivable revealed the following: Allowance for doubtful accounts Schedule of Accounts Receivable by Age December 31, 2019 Age of Accounts Expected Accounts Receivable Receivable Percentage Uncollectible 140,000 Not yet due 0.75% 60,000 1-30 days past due 4% 19,000 31-60 days past due 10% 5,000 61-90 days past due 60% 7,000 Over 90 days past due 90% I Calculate the amount of allowance for doubtful accounts that should be reported on the balance sheet at December 31, 2019. 4