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Elisse Corp. provides for doubtful accounts based on 5.0% of credit sales. The following data are available for 2017: Credit sales during 2017 $3,225,000 Allowance

Elisse Corp. provides for doubtful accounts based on 5.0% of credit sales. The following data are available for 2017:

Credit sales during 2017

$3,225,000

Allowance for doubtful accounts 1/1/17

37,100

Collection of accounts written off in prior years (customer credit was re-established)

18,350

Customer accounts written off as uncollectible during 2017

35,450

What is the balance in Allowance for Doubtful Accounts at December 31, 2017?

Allowance for doubtful accounts 12/31/17 :

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