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8 points Save Answer Tracy Company reported accounts receivable and an allowance for uncollectible accounts of $90,000 and $2,000, respectively, at December 31, 2020. During 2021, Tracy's credit sales and collections were $500,000 and $435,000, respectively, and $1,600 in accounts receivable were written off. For 2021, Tracy estimates bad debt expense at 1% of credit sales. Tracy's 2021 bad debt expense is: $4,350. $1,534. $1,600. $5,000. A Moving to another question will save this response. Question 16 of 29