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0 The Allowance for Bed Debts account has a credit balance of 5.000 before the adjusting entry for bad debts expense. The company's management estimates

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0 The Allowance for Bed Debts account has a credit balance of 5.000 before the adjusting entry for bad debts expense. The company's management estimates that 5% of net credit sales will be uncolectible for the year 2019. Net credit sales for the year amounted to $260,000. What is the amount of Bad Debts Expense reported on the income statement for 2017 OA 18.000 OB 6.000 OC 513,000 OD 58.000

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