The Miller Company recognized $135,000 of service revenue earned on account during Year 2. There was no beginning balance in the accounts receivable and allowance accounts. During Year 2, Miller collected $88,000 of cash from accounts receivable. The company estimates that it will be unable to collect 3% of its sales on account. The amount of uncollectible accounts expense recognized on the Year 2 income statement was: Multiple Choice $1,410 $4,050 $2,640. Multiple Choice $1,410. $4,050. $2,640. $47,000