Domino Company ages its accounts receivable to estimate uncollectible accounts expenseDomino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $ 47,850 and $ 3,800 respectively During Year 2 , the company wrote off $2,820 in uncollectible accounts In preparation for the company's estimate of uncollectible accounts expense for Year 2Domino prepared the following aging schedule

Domino Company ages its accounts receivable to estimate uncollectible accounts expense Domino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $47,850 and $3,800, respectively. During Year 2, the company wrote off $2,820 in uncollectible accounts. In preparation for the company's estimate of uncollectible accounts expense for Year 2. Domino prepared the following aging schedule Number of Days Past Due Current 0-30 31-60 61-90 Over 90 Total Receivables Amount $ 82,000 29,500 7,960 4,220 3,900 $ 127,580 % Likely to be Uncollectible 1% 5% 10% 25% 50% What amount will be reported as uncollectible accounts expense on the Year 2 income statement? Multiple Choice