$4$

Formula $3$ points

A company uses the Allowance Method by writing off a percentage of sales. At the end of the current year, the company estinutes that $1\mathrm{.}5\%$ of its sales will not be collected. A select list of accounts are included below.

$\backslash$table$[[,$Current Balance$],[$Accounts Receivable,$$307\mathrm{.}551$