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On December 31. Grubbs Company has the following account balances: Accounts Receivable of $330,000 debit. Allowance for Doubtful Accounts of $4.500 credit, and Net Credit

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On December 31. Grubbs Company has the following account balances: Accounts Receivable of $330,000 debit. Allowance for Doubtful Accounts of $4.500 credit, and Net Credit $ ales of $1,500,000 credit. Assuming Grubbs estimates that \$35.000 of accounts receivable will be uncollectible, the balance in Allowance for Uncollectible Accounts for the period under the asiog of receivables method foalance sheet method) would be

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