On December 31, 2013, Hanks Company's accounts receivable balance was of $300,000, and an analysis of their accounts receivable suggests that the Allowance for Doubtful Accounts should be 2% of accounts receivable. The balance in the Allowance for Doubtful Accounts on January 1, 2013 was $5,970 (credit). During the year 2013, the company wrote off $6,450 of bad debts. What amount should be reported as the Bad debt expense for the year 2013? Select one: A. $5,520 B. $6,000 C. $6,200 D. $6,480