Required information [The following information applies to the questions displayed below! On January 1, Year 2 Grande Company had a $10,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2. Grande provided $56,000 of service on account The company collected $52,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account What is the amount of uncollectible accounts expense recognized on the Year 2 income statement? Multiple Choice $1.500 O $200 o S1050 $1120