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Heller Corporation has aged its accounts receivable and estimated uncollectible accounts as follows (in thousands). Age of Receivables A/R Balance Estimated % uncollectible Current $12,100

Heller Corporation has aged its accounts receivable and estimated uncollectible accounts as follows (in thousands).

Age of Receivables

A/R Balance

Estimated % uncollectible

Current

$12,100

1%

30-60 days past due

$2,640

3%

61-90 days past due

$1,870

6%

Over 90 days past due

$924

10%

What bad debt expense should the company report for the current period? Please explain why the answer is D.

A. $405 thousand

B. $284 thousand

C. $7,260 thousand

Correct Answer D. There is not enough information to determine the amount.

You Answered E. $121 thousand

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