On December 31 of the current year, a company's unadjusted trial balance included the following: Accounts Receivable, debit balance of $97,250; Allowance for Doubtful Accounts, credit balance of $920. What amount should be debited to Bad Debts Expense, assuming 8% of outstanding accounts receivable at the end of the current year will be uncollectible?: (Round your answer to the nearest dollar amount.)

$648

$6860

$920

$8700

$7780