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Current Attempt in Progress Blossom Inc. has evaluated its process of calculating estimates of uncollectible accounts receivable. In the past, Blossom calculated the Bad

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Current Attempt in Progress Blossom Inc. has evaluated its process of calculating estimates of uncollectible accounts receivable. In the past, Blossom 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. Blossom will increase that percentage to 3%. The change is made on January 1, 2025. Sales in 2023 were $1730000 and $3230000 in 2024. Sales in 2025 total $4230000. What is the Bad Debt Expense that Blossom will record for 2025? O $42300 O $166100 O $126900 O $223800

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