Sheridan Company provides for doubtful accounts based on 4.0% of credit sales. The following data are available for 2017:

Credit sales during 2017			$3,165,000
Allowance for doubtful accounts 1/1/17			37,100
Collection of accounts written off in prior years (customer credit was re-established)			17,800
Customer accounts written off as uncollectible during 2017			36,250

What is the balance in Allowance for Doubtful Accounts at December 31, 2017?

Allowance for doubtful accounts 12/31/17