At year end, a business has an accounts receivable balance of $245,000. The allowance for doubtful accounts balance is $5,750 debit, on the same date. Management estimates uncollectible accounts to be 8% of accounts receivable. Bad debt expense for the year is: Select one: a. $25,350 b. $19,600 c. $18,740 d. $13,850 e. $29,750