Patriots Corp. reported the following account balances (always assume account balances are "normal" unless a problem tells you otherwise.):

Accounts Receivable, 1/1/Year3 $ 80,000

Allowance for Uncollectible accounts 1/1/Year3 $ 2,400

Sales on Credit, during Year3 $ 300,000

Collections on account, during Year3 $ 270,000

Write-offs of uncollectible accounts, during Year3 $ 2,800

See Patriots Corp. question setup. What is the balance in accounts receivable at 12/31/Year3 (before any adjusting entries)? a.27,200 b.107,200 c.80,000 d.377,200 e.110,000