DeBo, Inc. had a $500 credit balance in its Allowance for Uncollectible Accounts and $20,000 balance in its Accounts Receivable account at 12/31/2022. During 2023, DeBo Inc., had $5,000 in credit sales, $3,000 in actual bad debts (write- offs) and $10,000 of cash collections. DeBo, Inc estimates 10% of its ending balance in accounts receivable is uncollectible at the end of the period. What is the amount of Bad Debt Expense DeBo, Inc. will record in its 2023 income statement? A $1,200 B $2,500 C $5,000 D $1,900 E $3,700