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Edsel Inc. has the following unadjusted year end trial balance information available for 2014: Cash Sales $ 400,000 Credit Sales 600,000 Ending Accounts receivable balance

Edsel Inc. has the following unadjusted year end trial balance information available for 2014:

Cash Sales $ 400,000
Credit Sales 600,000
Ending Accounts receivable balance 180,000
Ending Allowance for uncollectibles 1,500
Estimated uncollectibles 2%

If Edsel uses the sales revenue approach for estimating bad debt expense, the income statement should show an expense of

$10,000

$12,000

$20,000

$14,000

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