>SAE 16Week [13 June 19 June] >Final Exam Log out Question 11 Not yet answered Marked out of 100 Flag question In 2014, the Dugan Co. had net credit sales of $750,000. On January 1, 2014, Allowance for Doubtful Accounts had a credit balance of $16,000. During 2014, $30,000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10% of the balance in receivables (percentage of receivable basis). If the accounts receivable balance at Dece1mber 31 was $200,000, what is the required adjustment to the Allowance for Doubtful Accounts at Decoder 31, 2014? B Previous page Select one: 01. $34,000 2. $30,000 3. $20,000 4. $36,000 Next page 28 PM 6/4/2022