5-6359 0 Served Help Save & E On January 1, Year 2. Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $66.200 and $1.900 respectively During the year Kincaid reported $166,000 of credit sales. Kincaid wrote off $1400 of receivables as uncollectible in Year 2. Cash collections of receivables amounted to $185.700. Kincaid estimates that it will be unable to collect one percent (13) of credit sales. The net realizable value of receivables appearing on Kincaid's Year 2 balance sheet will amount to: Multiple Choice O $42.940 $43.440 Oo oo $45.300 $46.500 !!! to search