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On December 31, 2021, Andy Inc. accounts receivable had a balance of $100,000 and the allowance for ucollectible accounts before any year-end adjustment had a

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On December 31, 2021, Andy Inc. accounts receivable had a balance of $100,000 and the allowance for ucollectible accounts before any year-end adjustment had a credit balance of $1,500. Andy Inc. also has the following information for its accounts receivable and the estimated percentages of uncollectibles for different past-due amounts. What is the amount of bad debt expense to be reported on Andy Incis financial statements for 2021 using the aging method? $9,500 58,000 $6,500 $7.500

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