Dynamic, Inc. had credit sales of $675,000 for March. Accounts receivable of $13.500 were determined to be worthless and were written off during March. Accounts receivable total $551,000 at March 31. Management feels that based on past experience, approximately 4% of net credit sales will prove to be uncollectible, Assuming Dynamic, Inc. uses the income statement approach (an allowance method) to account for uncollectible accounts, uncollectible accounts expense for March is: Multiple Choice $22.040 $35,540 $40.500 $27000