Murphy, Inc. Inc. sells to retailers on account. Sales for the year totaled $$9,900,000.$ The company uses the aging method

for determining bad debt expense. The aging report and related information includes:

The unadjusted balance in the allowance account at year end is $$1,700$ debit. What is the amount of bad debt expense for

the year?

A$)$ $$35,800$

C$)$ $$30,690$

B$)$ $$34,100$

D$)$ $$32,400$Murphy, Inc. Inc. sells to retailers on account. Sales for the year totaled $$9,900,000.$ The company uses the aging method

for determining bad debt expense. The aging report and related information includes:

Time

Outstanding

Gross

Balance

Percentage

Uncollectible

$<mtext\; id="EditorElement\_187478"></mtext><mn\; id="EditorElement\_187479">3</mn><mn\; id="EditorElement\_187480">0</mn>$ days $$660,0001\%$

$30-60$ days $330,0005\%$

$>60$ days $110,00010\%$

The unadjusted balance in the allowance account at year end is $$1,700$ debit. What is the amount of bad debt expense for

the year?

A$)$ $$35,800$ C$)$ $$30,690$

B$)$ $$34,100$ D$)$ $$32,400$