Question 94 of 100 -11 View Policies Current Attempt in Progress Sheridan Company has outstanding accounts receivable totaling $1.27 million as of December 31 and sales on credit during the year of $6.38 million. There is also a debit balance of $5700 in the allowance for doubtful accounts. If the company estimates that 2% of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense? $31100. O $25400 O $19700. O $25286