During the year, Taylor Company had net credit sales of $40,000. At the end of the year, before adjusting entries, the balance in Accounts Receivable was $14,000 (debit) and the balance in Allowance for Bad Debts was $610 (credit). If the company uses an income statement approach to estimate bad debts at 3%, what is the ending balance in the Allowance for Bad Debts account? O A. $590 O B. $1,030 OC. $1,200 OD. $1,810