Mellon Corporation The data presented below are for Mellon Corporation for the year ended December 31, 2017:

Sales (100% on credit)	$1,500,000
Sales returns	60,000
Accounts receivable (December 31, 2017)	250,000
Allowance for doubtful accounts (credit balance) (before adjustment at December 31, 2017)	3,000
Estimated amount of uncollectible accounts based on an aging analysis	31,000

Refer to the data for Mellon Corporation. If Mellon uses the aging of accounts receivable approach to estimate its bad debts, what amount will be reported as bad debts expense for 2017?

a.$31,000

b.$28,000

c.$50,000

d.$34,000