UH Company provides for doubtful accounts based on 396 of ending accounts receivable. The following data are available for the current year Accounts Receivables at Dec 31, year end $2,100,000 Allowance for doubtful accounts, Jan. 1 of the current year $17,000 Collection of accounts written off in prior years (customer credit was restablished) $8,000 Customer accounts writen off as uncollectible during the current year $30,000 What is the balance in the Allowance for Doubtful Accounts at December 31 of the current year (as reported on the balance sheet on that date)? Answer $72,000