During 2019, Sally Co. had total credit sales of $56,000, received total cash collections of $45,000, wrote off $3,600 of uncollectible accounts, and recovered $4,000 of previously written-off accounts. If the accounts receivable balance on January 1, 2019, is $26,300, what is the balance in the account on December 31, 2019?

Select one:

a. $36,900

b. $37,700

c. $41,300

d. $75,100