Question 15 6 pts At January 1, 2023, THE Company had accounts receivable of $240,000 and an allowance for doubtful accounts with an $11,800 credit balance. During 2023, THE Company had sales revenue of $595,000 and wrote-off $22,000 of accounts receivable as being uncollectible. The aging schedule below was prepared at December 31, 2023: Accounts Receivable not past due $185,000 1-30 days past due 102,000 31-60 days past due 69,000 61-90 days past due 74,000 over 90 days past due 36,000 % Uncollectible 2% 7% 14% 25% 40% THE Company uses the aging method to estimate its bad debt expense. The bad debt expense reported by THE Company for 2023 was equal to: $41,600 $53,400 O$33,800 O$43,200 $63600 Sdles Tevenue 01 puyo, UV dniu WIOLE-U11 PLZ, UUU 01 accounts receivable as being uncollectible. The aging schedule below was prepared at December 31, 2023: Accounts Receivable not past due $185,000 1-30 days past due 102,000 31-60 days past due 69,000 61-90 days past due 74,000 over 90 days past due 36,000 % Uncollectible 2% 7% 14% 25% 40% THE Company uses the aging method to estimate its bad debt expense. The bad debt expense reported by THE Company for 2023 was equal to: $41,600 $53,400 $33,800 $43,200 $63,600 $31,400 o none of the above choices are correct