Lemmon Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to$100,000, and management estimates 2% will be uncollectible. Allowance for Doubtful Accounts prior to adjustment has a credit balance of $3,000. The amount of expense to report on the income statement will be

A) $5,000

B) $1,500

C) $2,000

D) $6,000