he following information pertains to Lemons accounts receivable and allowance for doubtful accounts balances in 2019 and 2020:

	2020	2019
Accounts Receivable	$ 320,000	$ 300,000
Allowance for Doubtful Accounts	?	24,750

The break-down of the aging periods consists of 50% in the current period, 30% in 31+ days, 15% in 61+ days, and 5% in 91+ days. Lemon allocates 1%, 5%, 25%, and 50% as uncollectable percentage for each aging period respectively. On December 31^st, 2020, the Allowance for Doubtful Accounts has a debit ending balance of $6,600 before the adjusting entries are recorded.

What is the bad debt expense for 2020?

Multiple Choice

• $ 6,600

• $19,800

• $26,400

• $31,350

• $33,000