11. During 2016, ABC Company had $750,000 of net credit sales. Accounts Receivable had a December 31, 2106, balance of $250,000. No amounts have been added to the Allowance for Doubtful Accounts during 2016 . Before adjustment on December 31, 2016, the Allowance for Doubtful Accounts had a debit balance of $2,000. ABC estimates that 3% of net credit sales will become uncollectible. What will be the adjusted balance in Allowance for Doubtful Accounts at December 3 1 ?