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Question 4 Glendale Inc reports the following on its balance sheet: Accounts receivable, gross $328,000 Less: allowance for uncollectible accounts (21,720) Accounts receivable, net $306,280 One customer owes Glendale Inc $4,600 and declares bankruptcy. Glendale Inc will not be able to recover any money from the customer. What would happen to Glendale Inc? O Gross accounts receivable remains unchanged Allowance for uncollectible account decreases by $4,600 Earnings decreases by $4,600 Net accounts receivable decreases by $4,600