$$

Question $3$

$1$ pts

At the beginning of $2013,$ Loeb Company's allowance for doubtful accounts is $$12\mathrm{.}000.$ During $2013,$ $$4,250$ was written off as uncollectible. On December $31,2013,$ Loeb Company used an aging schedule of accounts receivable and determined that $$10,530$ of the accounts receivable would probably be uncollectible.

What would be the bad debts expense that should be reported on Loeb Company's $2013$ income statement?

$$18,280$

$$26,780$

$$5,720$

$$2,780$