Geisel, Inc. reported net sales revenue of $525,000 in 2015 and $627,000 in 2016. The companys average net receivables were $123,000 during 2014 and $125,000 during 2015. At December 31, 2016, the company had Accounts Receivable of $157,000. and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,400. The company reported Bad Debt Expense of $7,600 during 2016.