6 Flyer Company has provided the following information prior to any year-end bad debt adjustment . Cash sales, $167000 . Credit sales, $467000 Selling and administrative expenses, $127,000 . Sales returns and allowances, $47,000 . Gross profit, $507000 Accounts recelvable, $275,000 . Sales discounts, $31,000 . Allowance for doubtful accounts credit balance, $2.900 Flyer prepares an aging of accounts receivable and the result shows that 3% of accounts receivable is estimated to be uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded? O $11150 O $5.350 O $8.250 O $5.263