At the Start of the Current Year, Minuteman Corporation Had

At the start of the current year, Minuteman Corporation had a credit balance in the Allowance for Impairment of $1,800. During the year a monthly provision of 2% of sales was made for uncollectible accounts. Sales for the year were $600,000, and $5,600 of accounts receivable were written off as worthless. No recoveries of accounts previously written off were made during the year. The year-end financial statements should show:

A) Uncollectible accounts expense of $13,800.
B) Allowance for Impairment with a credit balance of $8,200.
C) Allowance for Impairment with a credit balance of $6,400.
D) Uncollectible accounts expense of $5,600.