On December 31, 1921. Krant Cheese has a debit balance of $1500 for the Allowance for Uncollectible Accounts before any year-end dustment. Kean Cheese also has the following information for its accounts receivable and the estimated percentages of bad debts for different past de amounts: Estimated Percent Unicollectible Age Group days past due) 0-10 3160 61.90 Accounts Receivable 550000 $ 20,000 $ 10,000 10 20 What is the amount of bad debt expense to be reported by Kraft Cheese's financial statements for 1921 using the aging method! Multiple Choice $6.500 $1.500 What is the amount of bad debt expense to be reported by krah Cheese's financial statements for 1921 using the aging method? Multiple choice O $6,500 $1500 55.000 $8000