At the Beginning of 2014,Mark's Sales Had the Following Ledger

Multiple Choice

At the beginning of 2014,Mark's sales had the following ledger balances: During the year there were $450,000 of credit sales,$460,000 of collections,and $3,700 of write-offs.At the end of the year,Mark's adjusted for uncollectible account expense using the percent-of-sales method,and applied a rate,based on past history,of 1.2%
-At the end of the year,what was the balance in the Uncollectible accounts expense?

A) $2,300
B) $5,400
C) $6,400
D) $2,700