On January 1 Year 2. Kocad Company's Accounts Receivable and the Allowance for Doubl Account card balances of $62.600 and $400, respectively. During the year Kincaid reported $48.000 of credit sales Kincaid wrote of $450 ofreceivables as uncollectible in Year 2. Cash collections of receivable amounted to $154,500 Kincaid estimates that it will be unable to collect one percent of credit sales The amount of uncollectible accounts expense recognized in the Year 2 income two be O 0 0 0