QUESTION 15 2 point Bradshaw Corp. has outstanding accounts receivable totalling $5 million as of December 31 and sales oncredit during the year of $25 million. There is a debit balance of $20,000 in the allowance for doubtful accounts. If the company estimates that 8% of its outstanding receivables will be uncollectable, what will the balance be in the allowance for doubtful accounts after the year-end adjustment? OA. $2,000,000 OB. $380,000 C. $400,000 OD. $420,000