Industrial Equipment Supply is a new business. During its first year of operations, credit sales were $43,000 and collections of credit sales were $35,000. One account, $725, was written off. Management uses the aging-of-receivables method to account for bad debts expense and estimated $525 as uncollectible at year end. The ending balance of the Allowance for Bad Debts is A. $1,290 B. $1,250 C. $525 D. $565