Smart Art is a new business. During its first year of? operations, credit sales were $ 43 comma 000 $43,000 and collections from credit sales were $ 31 comma 000 $31,000. One account for $ 650 $650 was written off. Management uses the percent minus ?of minus ?sales method to account for bad debts expense and estimates 4 4?% of credit sales to be uncollectible. What is the balance of Accounts Receivable at the end of the first? year?