Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $163,000 Credit sales, $463,000 Selling and administrative expenses, $123,000 Sales returns and allowances, $43,000 Gross profit, $503,000 Accounts receivable, $235,000 Sales discounts, $27.000 Allowance for doubtful accounts credit balance, $2,500 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? Multiple Choice $6,760. O O $9,260. O $11,760. d $10,020