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Sunland Company has outstanding accounts recelvable totaling $6.09 million as of December 31 and sales on credit during the year of $26.8 million. There is

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Sunland Company has outstanding accounts recelvable totaling $6.09 million as of December 31 and sales on credit during the year of $26.8 million. There is also a debit balance of $13000 in the allowance for doubtful accounts. If the company estimates that 7% of its outstanding receivables will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense? $1876000. *413300. $439300. $426300 Click if you would like to Show Work for this question: Open Show Work

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