Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 1% of credit sales will be uncollectible. On January 1, the Allowance for Doubtful Accounts had a credit balance of $3,200. During the year, Abbott wrote off accounts receivable totaling $2,100 and made credit sales of $98,000. After the adjusting entry, the December 31 balance in Bad Debt Expense will be a. $3,200 b. $2,080 C. 54.180 d. 5980