Linus Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to 5500,000 and management estimates 2 will be uncollectible. Allowance for doubtful accounts (ADA) prior to adjustment has a credit balance of $2,000. The amount of bad debt expense to report on the income statement will be $8,000 B $20,000 $14,000 D $10,000