In 2019, Trevor Construction is in its first year of business. All of Trevor's sales are made on account. The company has decided to account for uncollectible accounts using the percentage of revenue method under the Allowance method. Their estimate is 2% of total sales for the year. At the end of 2019, Trevor Construction has the following information relating to operations: Accounts Receivable at 12/31/2019 S 51,000 Total Sales Revenue for 2019 $ 212,000 Operating Expense S 37,000 Loss on sale of Land S 58,000 25. What amount of cash did Trevor collect from Sales in 2019? o a. $212,000 b. $161,000 C. $51,000 d. $157,780 26. Prepare the journal entry to account for the estimated Uncollectible Accounts Expense using the allowance method. a. Dr. Uncollectible Expense $4,240 Cr. Cash $4,240 b. Dr. Uncollectible Expense $3,220 Cr. Allowance for Uncollectible Accounts $3,220 $4,240 OC. Dr. Uncollectible Expense Cr. A/R $4,240 d. Dr. Uncollectible Expense $4,240 Cr. Allowance for Uncollectible Accounts $4,240