Based on the information below, calculate the bad debt expense for the year? On 1 July 2018, Morton Limited had an accounts receivable balance of $155,000 and an allowance for doubtful debts balance of $6,100. During the year ended 30 June 2019, credit sales amounted to $875,500 and cash collected from customers was $817,900. At the end of the financial year, the credit manager decided that accounts totalling $12,200 should be written off as bad debts and the allowance for doubtful debts should be $10,200. Select one: O a. None of the answers provided O b. $4,100 O c. $16,300 O d. $2,000