For the year ended December 31, 20x0, Barracks and Bullets Emporium estimated its allowance for doubtful accounts using the year-end aging of accounts receivable The following data are available Allowance for doubtful accounts, Jan 120x0 Estimated uncollectible accounts during 20X0 (1% on credit sales of $4,000,000) Uncollectible accounts written off, Nov 30 20X0 Estimated uncollectible accounts per aging, Dec 31 20X0 $37,000 $40,000 $52,000 $74,000 After year-end adjustment, the bad debt expense for 20X0 should be Multiple Choice $89,000 $37.000 - Next >