A company has $99,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 5% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is an $890 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:

A. $4,950

B. $4,906

C. $4,995

D. $4,060

E. $5,840