On January 1, 2022, Lavazza's Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2023, Lavazza recorded the following transactions: If Lavazza estimates 1% of credit sales to be uncollectible, the bad debt expense for 2023 would be: $200$1,100$1,200$1,180$1,300