Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $166,000 Credit sales, $466,000 Selling and administrative expenses, $126,000 Sales returns and allowances, $46,000 Gross profit, $506,000 Accounts receivable, $265,000 Sales discounts, $30,000 Allowance for doubtful accounts credit balance, $2,800 Flyer prepares an aging of accounts receivable and the result shows that 3% of accounts receivable is estimated to be uncollectible. How much is bad debt expense? A. $7,950. B. $5,066. C. $5,150. D. $10,750.