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Blossom Company unadjusted trial balance includes the following balances (assure normal balances): Accounts Receivable $1130000 Allowances for Doubtful Accounts $21400 Bad debts are estimated to

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Blossom Company unadjusted trial balance includes the following balances (assure normal balances): Accounts Receivable $1130000 Allowances for Doubtful Accounts $21400 Bad debts are estimated to be 5% of outstanding receivables. What amount of bad debt expense will the company record? $33822 $57678 O $35100 $56500

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