David Ltd. had the following account balances prior to making the bad debt provision for the year ended December 31, 20x9 Accounts receivable Allowance for doubtful accounts5,200 dr Sales $800,000 9.600,000 The company estimates that 5% of accounts receivable at December 31, 2029 will become uncollectible. What would be the Bad debt expense for the year ended December 31, 20x9? Select one O $40,000 $48,000 O $34,800 O $45.200 Check