On January 1, Year 3, the credit balance of Allowance for Doubtful Accounts was $335,774. During the course of Year 3, the bad debt expense entry was based on a percentage of net credit sales. Net sales for Year 3 were $67,154,960, of which 86.37% were on account. Based on the information available at the time, the Year 3 bad debt expense was estimated to be 0.83% of net credit sales. During Year 3, uncollectible receivables amounting to $419,717 were written off against the allowance for doubtful accounts. The company has estimated that, on December 31, Year 3, based on a review of the aged accounts receivable, the allowance for doubtful accounts should be recorded at $440,700. How much additional Bad Debt Expense should be recorded at year end to adjust the allowance account to the required balance? O a. $45,390 O b. $47,551 O c. $46,471 O d. $43,229 O e. $44,309