During October, Pirates LLP has credit sales of $200,000. As a result of cash collection efforts, the October 31 Aging Schedule for Pirates LLP is as follows:

Current $100,000 (1% is estimated to be uncollectible)

1-30 Days Past Due $50,000 (4% is estimated to be uncollectible)

31-60 Days Past Due $20,000 (5% is estimated to be uncollectible)

61-90 Days Past Due $10,000 (10% is estimated to be uncollectible)

Greater than 90 Days Past Due $20,000 (50% is estimated to be uncollectible)

Balance in Allowance for Doubtful Accounts on October 1: $2,000 credit

If Pirates LLC uses the % of A/R method for estimated bad debts, what is the increase to bad debt expense on October 31?

Group of answer choices

$12,000

$15,000

$14,000

$13,000