On December 31, 2022, Ace Hardware reported the following information on its balance sheet: Accounts Receivable Allowance for Doubtful Accounts $900,000 $54,000 (credit) During 2023, the Company had the following transactions related to receivables: Sales on Account Collections on Account Write-offs of uncollectible accounts $3,000,000 $2,850,000 $60,000 Recovery of previously written off accounts $12,000 The balance in the Accounts Receivable account before any adjusting journal entries, at the end of 2023, would be: $990,000 $1,002,000 $930,000 $978,000 $1,050,000