On the balance sheet at the end of its first year of operations, Dinty Inc. reported an Allowance for Uncollectible Accounts totaling $50,000, which resulted in a net realizable value of its receivables of $100,000. During the year, Dinty had written off $30,000 of accounts they had attempted to collect and failed. Their credit sales for the year were $1,680,000, and the cash collections from credit customers totaled $1,500,000. What Bad debt expense did Dinty report in its first-year income statement? A. $150,000 B. $30,000 C. $80,000 D. $100,000 E. NOTA