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Stion 25 yet swered The Allowance for bad debts account has a credit balance of $2,200 at the end of year 2015. The company's management estimates that 4% of net credit sales will be uncollectible for the year 2015. Net credit sales for the year amounted to $250,000. What will be the balance of the Allowance for bad debts reported on the balance sheet at December 31, 2015? arked out of 80 Flag question Select one: O $10,000 $12,200 $2,000 $12,000 $8,000