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Accelerated Solutions The following data are from the company's records for the year ended December 31: Accounts receivable--January 1 $350,000 Credit sales during the year

Accelerated Solutions The following data are from the company's records for the year ended December 31:

Accounts receivable--January 1 $350,000
Credit sales during the year 1,200,000
Collections from credit customers during the year 850,000
Customer accounts written off as uncollected during the year 10,000
Allowance for doubtful accounts--January 1 35,000
Estimated uncollected accounts based on an aging analysis 50,000

Refer to Accelerated Solutions. If the aging method is used to estimate bad debts, what amount should be recorded as bad debt expense?

a.$25,000

b.$15,000

c.$50,000

d.$5,000

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