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. The following information relates to Chicago Company for the year 2020: Estimates the allowance for uncollectible accounts at 3% of the ending balance of

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. The following information relates to Chicago Company for the year 2020: Estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. Credit sales = $108,000. Collections from customers - $132,000. Accounts receivable were written off-$190. December 31, 2020 balance for Allowance for Doubtful Accounts - $960. What was the balance of accounts receivable on January 1, 2020

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