Conby Company uses the aging method of accounting for uncollectible accounts. During 20x1, Conby had charged $10,000 to bad debt expense and had written off as uncollectible accounts receivable totalling $1,200. Conby's working capital (current assets less current liabilities) will be increased (decreased) by?

Multiple Choice

• $(10,000)

• $10,000

• $(8,800)

• $8,000