Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2018, Chez Fred's credit sales and collections were $124.000 and $135,000, respectively. What was the balance of accounts receivable on January 1, 2018, if $140 in accounts receivable were written off during 2018 and if the allowance account had a balance of 5510 on December 31, 2018? Multiple Choice $35.000 None of these answer chokes are correct $28,140 5470