Hunt Company estimates uncollectible accounts using the percentage of

receivables method and expects that 5 per cent of outstanding receivables will

be uncollectible for 2010.

The balance in Accounts Receivable is $200,000, and the allowance account has a

$3,000 credit balance before adjustment at year end.

Which of the following is the value of uncollectible accounts expense for 2010?

Choose one.

$13,000

$9,850

$10,000

$7,000