Allen Bikes Ltd. has a year-end of December 31, 20x9. During the year, the company wrote off accounts receivable in the amount of $2434. Allen's December 31, 20x9 general ledger account balances, prior to making any adjusting journal entries, were as follows: $162,000 debit Accounts receivable Allowance for doubtful accounts Sales 744 debit 1756533 credit Allen Bikes Ltd. has estimated that bad debts will equal 12 of 1% of sales. What will be the dollar amount of the bad debt expense when making the adjusting journal entry for the year-ended December 31, 20x9? Select one: a. $9527 b. $8039 c. $2434 d. $8783 Check