On December 31st of last year, the balance sheet of XYZ Company had accounts Receivable of 5298 000 and a credit balance in Allowance for Uncollectible Accounts of $20,300. During the current year, the company's records include Sales on account $ 1,195,000, Sales returns and allowance $37,000.collection from customers $ 1,150,000 and accounts written off $16,000. The closing balance of Account receivable at the end of current year will: O a $343,000 Ob. $290,000 None of the given options d. S327,000