Engel Corporation began 2020 with a $20,000 balance in accounts receivable and a $600 balance in the allowance for doubtful accounts. During 2020, the company had credit sales (sales on account) of $45,000, collections on accounts receivable of $38,000, and wrote off uncollectible accounts of $200 during the year. The company uses the allowance method and believes that 3 percent of its outstanding accounts receivable balance will be uncollectible. The balance in the accounts receivable account at the end of 2020 would be $26.600. O $26.800. $27,000 $26,400 Using the information provided in Question #3, the amount of uncollectible accounts expense appearing on the year's income statement would be O $ 404 O $ 204 O $ 810 $ 804 LAS Question 5 4 pts Using the information provided in Question #3, the net realizable value of receivables at the end of the year would be $25.596 $26.396 $25.996 $26,400