Allen Company uses the percent-of-sales method for estimating bad debts expense. The company's bad debt expense is normally 5% of net credit salos which were $380,000 for the year. During the year $700 was written off of the Allowance for Bad Debts account had a beginning credit balance of $1,600, what is the balance at the end of the year? O A. $19,000 O B. $21,300 O C. $19,900 O D. $20,600