View Policies Current Attempt in Progress Using the following information: 12/31/19 Accounts receivable $515000 Allowance (34500) Cash realizable value $480500 During 2020, sales on account were $144500 and collections on account were $98000. Also during 2020, the company wrote off $3900 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $39000. Bad debt expense for 2020 is O $3900. O $8400. O $30600. O $39000. eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer