During the current year (20x1). Carlson Inc. had credit sales of $4,000,000 and 75 percent of the credit sales was collected in cash. The company estimated that 2 percent of the credit sales would be uncollectible. During the next year (20x2), one of Carlson's credit customers, Lemon Company, with an account balance of $5,000, was judged to be uncollectible and written off. Prepare the necessary journal entry to record the credit sales during the current year (20x1) Select one: a. Accounts receivable $4,000,000 Sales revenue $4,000,000 b. Sales revenue $4,000,000 Accounts receivable $4,000,000 c. Sales revenue $3,000,000 Accounts receivable $3,000,000 d. Accounts receivable $3,000,000 Sales revenue $3,000,000