Flyer Company has provided the following information prior to any year-end bad debt adjustment:
	Cash sales, $155,000
	Credit sales, $455,000
	Selling and administrative expenses, $115,000
	Sales returns and allowances, $35,000
	Gross profit, $495,000
	Accounts receivable, $155,000
	Sales discounts, $19,000
	Allowance for doubtful accounts credit balance, $1,700
Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded? $10,500 $7,400 $9,100 $10,800