Jumpin Corporation uses the percent-of-ages method to estimate uncollectible. Net credit sales for the current year amount to $ 2,000,000 and management estimates 2% will be uncollectible. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $ 1,500. The amount of Uncollectible Account Expense reported on the income statement will be:

A. $40,000.

B. $38,500.

C. $41,500.

D.$1,500.