On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following Accounts Receivable, debit balance of $97,900: Allowance for Doubtful Accounts, credit balance of $1031 What amount should be debited to Bad Debts Expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible? Multiple Choice $4,843 $3,951 $1,031 $6,905 $5,874