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Question 18 (1 point) An analysis of Capitol Corp. shows the following data available as of December 31, 2021 from the company's unadjusted trial

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Question 18 (1 point) An analysis of Capitol Corp. shows the following data available as of December 31, 2021 from the company's unadjusted trial balance: Allowance for Doubtful Accounts Bad Debt Expense Credit Sales for 2021 Accounts Receivable Debit Credit 10,200 690,000 0 2,650,000 On December 31st, 2021, the company collected $6,200 of an account previously written off (the company has not made an entry yet for the collection of the $6,200.) The company also found out a customer's account in the amount of $2,500 is deemed uncollectible (they went bankrupt) and they have not made an entry for this transaction yet. Capitol Corp. estimates that 4% of their credit sales are uncollectible. What should be the ending balance in the Allowance for Doubtful Accounts as of December 31, 2021? a) $106,000 b) The correct ending Allowance for Doubtful Accounts balance is not listed. c) $119,900 d) $116,200

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