In 2017, Freeze Company had credit sales of $1,800,000 and granted sales discounts of $36,000. On January 1, 2017, Allowance for Doubtful Accounts had a credit balance of $45.00. U 2011, $75,000 of uncollectible accounts receivable were written off. Past experience indicates that 3% of net credit sales become uncollectible. What should be the adjusted balance of Allowance for Doubtful Accounts at December 31, 2017 $24,000 $22,920 $52.920 $99,000