mation Required information On January 1, 2011 Grace Company had an $12,500 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During 2011, Grace provided $54,500 of service on account. The company collected $48,090 cash from account receivable. Uncollectible accounts are estimated to be 11% of sales on account Based on this information, the amount of cash flow from operating activities that would appear on the 2011 statement of cash flows is: Required information On January 1, 2011 Grace Company had an $12,500 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During 2011, Grace provided $54,500 of service on account. The company collected $48,090 cash from account receivable. Uncollectible accounts are estimated to be 11% of sales on account. The amount of uncollectible accounts expense recognized on the 2011 income statement is