On December 31, 2003 AG Inc. had a workingcapital ratio (currentratio) of 2, and reported the following accounts; Cash $13,000Accounts Payable $2,000 Accounts Receivable $4,000 Wages Payable$5,500 Allowance for Uncollectible Accounts ? Utilities Payable$500 Inventory $6,600 Interest Payable $4,000 Prepaid Insurance$600 Bonds Payable $13,000 Equipment (net) $24,000 RetainedEarnings $3,600 Therefore, the balancein the Allowance forUncollectible Accountswas:

$200

$300

$600

None of the other alternatives are correct

$0