Exercise 3. On December 31, Hill Company has a $ 150,000 debit balance in Accounts Receivable. The Allowance for Uncollectible Accounts has a $ 2,100 credit balance. Sales total $ 800,000. Hill estimates 2% of its sales may be uncollectible, and from aging accounts receivable, Hill determines that $14,000 of accounts receivable may be uncollectible. (A) Under the percentage-of-sales method, the uncollectible account expense would be: a. $ 3,000 b. $ 16,000 c. $ 13,900 d. $ 14,000 (B) Under the aging-of-receivables method, the uncollectible account expense would be: a. $ 16,000 b. $ 14,000 c. $ 11,900 d. $ 16,100 (C) Under the percentage-of-sales method, the balance in Allowance for Uncollectible Accounts after adjustments would be: a. $ 16,000 b. $ 13,900 c. $ 18,100 d. $ 16,100 (D) Under the aging-of-receivables method, the balance in Allowance for Uncollectible Accounts after adjustments would be: a. $14,000 b. $ 16,100 c. $ 11,900 d. $ 16,000