U Question 36 3.33 pts Table 5 On December 31, Grubbs Company has the following account balances Accounts receivable $330,000 Allowance for doubtful accounts 4,500 credit Net credit sales 1,500,000 Assume again that Grubbs estimates that 10% of accounts receivable will be uncollectible. Under the percentage of receivables method (balance sheet method) the balance in allowance for doubtful accounts after adjustment would be: $33,000 $37.500 $28,500 $32.500