Altenwerth Incorporated uses the percentage-of-receivables basis for estimating uncollectible accounts and has the following estimates of uncollectible accounts: Age of Accounts Balance Dec 31 Est. % uncollectible Current $68,000 1% 1-30 days past due $8,000 10% 31-90 days past due $3,000 25% Over 90 days past due $1,000 50% Total Accounts Receivable $80,000 The current balance in Altenwerth Incorporated's Accounts Receivable is $80,000 and there is a balance in the Allowance for Doubtful Accounts of $250 prior to adjustment. What is Altenwerth Incorporated's bad debt expense? A $2,730 B $80,000 C $2,480 D $2,980