Multiple Choice Question 103 The following information is available for Concord Corporation: Allowance for doubtful accounts at December 31, 2016 Credit sales during 2017 Accounts receivable deemed worthless and written off during $24300 1130000 27900 2017 As a result of a review and aging of accounts receivable in early January 2018, it has been determined that an allowance for doubtful accounts of $17000 is needed at December 31, 2017. What amount should Concord record as "bad debt expense" for the year ended December 31, 2017? O $ 20600 O $41300 O $ 17000 O $13400 Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. SAVE FOR LATER SUBMIT ANSWER Question Attempts: O of 1 used