Assume the Murtha Company reported the following adjusted account balances at year-end.

	2016	2015
Accounts Receivable	$1,600,200	$1,250,920
Allowance for Doubtful Accounts	(83,000)	(68,200)
Accounts Receivable, Net	$1,517,200	$1,182,720

Assume the company recorded no write-offs or recoveries during 2016. What was the amount of Bad Debt Expense reported in 2016?

$83,000.

$68,200.

$14,800.

or

$29,600.