On December 31, 2015, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $59,000 and $1,150 respectively. During 2016, Larry's wrote off $3,000 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,050 at December 31, 2016. Bad debt expense for 2016 would be: $6,900. $1,150. $5,050. $3,200.