Ratgo Corp. is a wholesaler of imported products. It reported $$4,200,000$ in sales for fiscal year $2023,$ all on account. The company collected $$4,150,000$ in cash from customers during the year and wrote off $$24,000$ in uncollectible accounts. The company$$s accounts receivable had a debit balance of $$485,000$ at December $31,2022.$ Its allowance for doubtful accounts had a credit balance of $$32,000$ at December $31,2022$ and a credit balance of $$34,000$ at December $31,2023.$

The unadjusted balances of selected accounts at December $31,2024,$ are as follows:

Accounts receivable $ $1,100,000$

Allowance for doubtful accounts $($debit$)19,000$

Sales revenue $($including $85$ percent in sales on account$)4,700,000$

Aging of the accounts receivable on December $31,2024,$ resulted in an estimate of $$60,000$ in potentially uncollectible accounts.