Coronado Industries had a 1/1/17 balance in the Allowance for Doubtful Accounts of $34000. During 2017, t wrote off $21000 of accounts and collected $6120 on accounts previou written off. The balance in Accounts Receivable was $590000 at 1/1 and $720000 at 12/31. At 1 uncollectible. What is Bad Debt Expense for 2017? at 1/l and $720000 at 12/31. At 12/31/17. Smithson estimates that 7% of accounts receivable will prove to be $ 16400. O $36000. O $37400o. $ 31280. Click if you would like to Show Work for this