P Flag question As of January 1, 2021, Barley Co. had a credit balance of $530,000 in its allowance for uncollectible accounts. Based on experience, 1% of Barley's year-end gross accounts receivable are generally uncollectible. During 2021, Barley wrote off $660,000 of accounts receivable. Barley's gross accounts receivable before the write off was $18,500,000. In its December 31, 2021, balance sheet, what amount should Barley report as allowance for uncollectible accounts? Select one: A. $55,000. B. $185,000. O C. $178,400. D. $315,000