Current Attempt in Progress Oriole Inc. has evaluated its process of calculating estimates of uncollectible accounts receivable. In the past, Oriole 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, Oriole will increase that percentage to 3\%. The change is made on January 1, 2025. Sales in 2023 were $1660000 and $3160000 in 2024. Sales in 2025 total $4160000. What is the Bad Debt Expense that Oriole will record for 2025 ? $124800$161200$219600$41600