High World Inc. made sales of $100,000 in the month of January in Year Three. Company officials estimated that $10,000 would prove uncollectible. In February, a $2,000 balance proves to be uncollectible and is written off. What is the balance of allowance of doubtful debts at the end of February?

Select one:

a. $8,000

b. $12,000

c. $92,000

d. $10,000

e. $90,000

Clear my choice