14. Saint John Industries uses the percentage of credit sales method to esmate Bad Debt Expense. The company reported net credit sales of $690,000 during the year. Saint John has experienced bad debt losses of 4% of credit sales in prior periods. At the beginning of the year, Saint John has a credit balance in its Allowance for Doubul Accounts of $5,900. No write-offs or recoveries were recorded during the year. What amount of Bad Debt Expense should Saint John recognize for the year?

A. $33,500

B. $27,600

C. $21,700

D. $5,900

15. Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are esmated to be uncollecble. At the end of the year, the balance of Accounts Receivable is $100,000 and the unadjusted credit balance of the Allowance for Doubul Accounts is $500. Credit sales during the year totaled $150,000. What is the current year's Bad Debt Expense?

A. $4,500

B. $5,000

C. $7,000

D. $7,500