Crane Current Attempt in Progress

Crane Inc. has evaluated its process of calculating estimates of uncollectible accounts receivable. In the past, Crane calculated the Bad

Debt Expense as a percentage of sales. It recorded Bad Debt Expense at $1\%$ of sales. Due to changes in the economic conditions, Crane

will increase that percentage to $3\%.$ The change is made on January $1,2025.$ Sales in $2023$ were $$1740000$ and $$3240000$ in $2024.$

Sales in $2025$ total $$4240000.$ What is the Bad Debt Expense that Crane will record for $2025?$

$$224400$

$$127200$

$$166800$

$$42400$