A company had total credit sales in the year of 1.420.000 . Managers estimate that 3% of them, may result uncollectible. During the year, the company has written-off receivables for a total amount of 18.500. If the beginning balance of the Allowance was 37.900, what was the amount of bad-debt expense recorded at year-end?

Select one:

a. 13.800

b. I want to leave it blank

c. 24.100

d. 23.200

e. 4.700