You are viewing Attempt 2 / Continue Work * Your answer is incorrect Waterway Industries has outstanding accounts receivable totaling $127 millions of December 02 and sales on credit turkey the year of $6.31 million. There is also a debit balance of $6800 in the allowance for doubtful accounts. If the company estimates the corte accounts receivable will be uncollectible what will be the balance in the allowance for doubt accounts after the year and djustment to record bad debt expense? 525264 $32200 $18600 525400