In 2021, Crane Company had credit sales of $890000. On January 1, 2021, Allowance for Doubtful Accounts had a credit balance of $21500. During 2021,\$35500 of uncollectible accounts receivable were written oft, Past experience indicates that the allowance balance should be 12% of the accounts recelvable become uncollectible. What should be the required adjustment to the Allowance for Doubtful Accounts at December 31,2021 if the ending accounts receivable balance was $230000 ? $120800$27600$35500$49100