22)

Using the aging method of accounts receivable method, $5,500 of the companys Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $105,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $600. Credit sales during the year totaled $160,000. What is the current years Bad Debt Expense?

$8,100.

$5,500.

$4,900.

$7,500.