QUESTION 14 2 pois Tarkenton Corp. has outstanding accounts receivable totalling $6.5 million as of December 31 and sales on credit during the year of $24 million. There is a credit balance of $12,000 in the allowance for doubtful accounts. If the company estimates that 8% of its outstanding receivables will be uncollectable, what will be the amount of bad debt expense recognized for the year? OA A. $532,000. OB B.520,000 C. $1,920,000. D. $508,000