Linda had net sales (all on account) in 2020 of $870000. At December 31, 2020, before adjusting entries, the balances in selected accounts were: accounts receivable $1090000 debit, and allowance for doubtful accounts $2060 debit. Linda estimates that 2% of its accounts receivable will prove to be uncollectible. What is the net amount expected to be collected of the receivables reported on the financial statements at December 31, 2020? O $23860 O $1070260 O $1068200 O $1066140