Sharon Company had net sales (all on account) in 2025 of $8200000. At December 31,2025 , before adjusting entries, the balances in selected accounts were: accounts receivable $1200000 debit, and allowance for doubtful accounts $3500 debit. Sharon estimates that 4% of its accounts receivable will prove to be uncollectible. What will be reported for accounts receivable, net on the December 31.2025 balance sheet? $1155500$51500$1152000$1148500