On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $68,000 and $1,150, respectively. During 2022, Larry's wrote off $1,875 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,950 at December 31, 2022. Bad debt expense for 2022 would be: Multiple Choice $5.225