Question 10 (2 points) On Jan. 1, 2017, the Kadinsky Company began the year with a debit balance $20,000 in Accounts Receivable and a credit balance of $3,000 in the account Allowance for Doubtful Accounts. During the month of January the company reported total credit sales of $200,000 and cash collected on credit sales of $170,000. During the month of January, the company wrote off $6,000 in accounts deemed to be uncollectible. The company has determined that 4% of credit sales will be uncollectible. Based on the % of credit sales method, how much bad debt expense will the Kadinsky Company recognize for the period? $80,000 $6,000. 1,200. $2,000