During the year, Bears Inc. recorded credit sales of $600,000. Before adjustments at year-end, Bears has accounts receivable of $380,000, of which $57,000 is past due, and the allowance account had a credit balance of $2,900. Using the aging of receivables method, what would be the adjustment assuming Bears expects it will not collect 7% of the amount not yet past due and 28% of the amount past due? A. Bad Debt Expense 38,570 Allowance for Uncollectible Accounts 38,570 B. Bad Debt Expense 41,470. Allowance for Uncollectible Accounts 41,470 C. Bad Debt Expense 35,670 Allowance for Uncollectible Accounts 35,670 D. Allowance for Uncollectible Accounts 35,670 35,670 Bad Debt Expense Option A Option B Option C Option D