As of January 1, 2021, Barley Co. had a credit balance of $538,000 in its allowance for uncollectible accounts. Based on experience, 2% of Barley's gross accounts receivable have been uncollectible. During 2021, Barley wrote off $668,000 of accounts receivable. Barley's gross accounts receivable as December 31, 2021 is $18,900,000. How much bad debt expense should Barley record for 2021? Multiple Choice O $248,000. $916,000. $378,000. O $508,000