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Using the following information: Accounts receivable Allowance Cash realizable value 12/31/20 $532000 (34900) $497100 During 2021, sales on account were $144600 and collections on account

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Using the following information: Accounts receivable Allowance Cash realizable value 12/31/20 $532000 (34900) $497100 During 2021, sales on account were $144600 and collections on account were $99300. Also during 2021, the company wrote off $3950 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $39200. Bad debt expense for 2021 is $4300. O $3950. O $39200. $8250

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