Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 3% of credit sales will be uncollectible. On January 1, the Allowance for Doubtful Accounts had a credit balance of $3,300. During the year, Abbott wrote off accounts receivable totaling $2,500 and made credit sales of $96,000. After the adjusting entry, the December 31 balance in Bad Debt Expense will be

a.$2,880

b.$3,680

c.$6,180

d.$3,300