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At the beginning of Year 3 Omega Company had a $60,000 balance in its accounts recelvable account and a $3,000 balance in allowance for doubtful accounts. During Yeat 3, Omega experienced the following events. (1) Omega earned $200,000 of revenue on account (2) Collected $210,000 cash from accounts receivable (3) Wrote-off $2,000 of accounts receivable as uncollectible Omega estimates uncollectible accounts to be 4% of receivables. Based on this information, the amount of uncolloctible accounts expense shown on the Year 3 income statement is Multiple Choice $1,000 $2,080 $1920 5920