Sophie Company uses the aging method to determine its ending Allowance for Bad Debts balance The following aging of Accounts Receivable is for Sophie Company at the end of 20X1. 61 to 90 Days Over 90 Days 31 to 60 Days Overall Less than 30 Days $11.000 $32,000 $170,000 $35.000 Total $248,000 Sophie Company has developed the following bad debt information from its own past experience: Ace of Account Percent Ultimately Uncollectible 296 Less than 30 Days 31 to 60 Days 10% 61 to 90 Days 2596 Over 90 Days 90% What is Sophie's NET Accounts Receivable balance as of the end of the year? O $200.550 52384450 O 5177,550 $38,450 $240,000