Wang Corporation uses the percent-of-sales method to estimate uncollectibles, Net credit sales for the current year amount to $8.000.000, and management estimates 35 will be uncollectible. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $50,000. The amount of Uncollectible-Account Expense reported on the income statement will be O $50.000 O $250.000 $340,000 190.000