The following information pertains to Hoosier Inc.: - Accounts Receivable, gross at 1/1/2020 \$51,000 - Allowance for Doubtful accounts at 1/1/2020 ??? - Accounts Receivable, net at 1/1/2020$45,000 - Credit sales during 2021$40,000. - The company recorded $1,800 of bad debt expense at 12/31/2020. - Write-offs during 2021$800 - Cash collected on credit sales during the year $35,000 What was the Accounts Receivable, NET balance on the 12/31/2021 balance sheet? $49,000 None of the other answers are correct $55,200 $54,200 $48,200