Apple Company has provided the following information prior to any year-end bad debt adjustment:

Cash sales, $143,000

Cost of sales, $188,000

Sales returns and allowances, $34,000

Sales discounts, $20,000

Gross profit, $218,000

Selling and administrative expenses, $43,000

Net income, $32,000

Increase in accounts receivable, $70,000

Apple estimates bad debt expense assuming that 1% of credit sales have historically been uncollectible. How much is Bishops bad debt expense? (a) $4,170 (b) $2,170 (c) $3,180 (d) $3,170