Based on the following information for calendar 2021 Accounts receivable, January 1 Credit sales during the year Allowance for doubtful accounts, January 1 Cash collected on accounts receivable during the year $125,000 1,400,000 15,000 1,350,000 33 of 35 (13 complete): If the allowance for doubtful accounts is estimated at 10% of the ending accounts receivable balance, what is the bad debts expense for 2021? OA. $1,500 OB. $2,500 OC. $9,500 D. $17,500 Click to select your answer. Type here to search E IT D