S part of the C-Suite team you are being asked to report to the CEO directly regarding financial matters. runch the following numbers and report back to the CEO: A Company ABC has the percentage of sales method to estimate uncollectibles. Net credit sales for the current year amount to $4,000,000 and management estimates 2% will be uncollectible. Allowance for doubtful prior to adjustment has a debit balance of $1,900. What amount will the allowance for doubtful account be on the balance sheet? A. $1,900 B. $3,800 C. $78,100 D. $80,100 E. \$81,900