In the balance sheet at the end of its first year of operations, Dinty Incorporated reported an allowance for uncollectible accounts of $82,200. During the year Dinty wrote off $31.300 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,390,000, and cash collections from credit customers totaled $1,760,000. What bad debt expense would Dinty report in its first-year income statement? Multiple Choice $113.500 $82.200 $50.900 Cannot be determined from the given information