Question 28 of 75 This fest: 75 pompos This question: 1 point possible The Alowance for Bad Debts account has a credit balance of $3.000 before the adjusting entry for bad des expense. The company's management estimates that % of e sales for the year amounted to $200,000 What is the amount of Bad Debts Expense reported on the income statement for 2025 Submit test edit sales will be uncollectie for the year 2025 Net cred OA 17.250 OB. $17.500 OC. $11.500 00 $14.500 O Time Remaining 26 505