As of December 31, 2015, Gill Co. reported accounts receivable of $231,000 and an allowance for uncollectible accounts of $8,600. During 2016, accounts receivable increased by $22,500, including $7,700 in bad debts that were written off. An analysis of Gill Co.'s December 31, 2016, accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. Bad debt expense for 2016 would be: Multiple Choice 0 $7,700. 0 None of these answer choices are correct. 0 $10,140. 0 $9,240