If Clearwater company's 12/1/X3 balance of Accounts Receivable is $50,000 and the balance of the Allowance for Bad Debt on that same date is a debit balance of $2,000 before any year-end adjustment, the adjusting entry required given uncollectible accounts receivable are estimated at 10% of the balance of Accounts Receivable would require a debit to which of the following?

-Bad Debt Expense for $3,000.

-Allowance for Bad Debt for $7,000.

-None of these

-Bad Debt Expense for $7,000.

-Bad Debt Expense for $5,000.