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On January 1. Year 2 Grande Company had a $28,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful

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On January 1. Year 2 Grande Company had a $28,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. Duting Year 2, Grande provided $92,000 of service on account. The company collected $88,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account What is the amount of uncoliectible accounts expense recognized on the Year 2 income statement? Muliple Choice $560 $10,500 51770 $560 $10,500 $1,770 $1,840

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