Question 7 View Policies Current Attempt in Progress The following information is available for Swifty Corporation Allowance for doubtful accounts at December 31, 2019 $23000 Credit sales during 2020 1110000 Accounts receivable deemed worthless and written off during 2020 28900 As a result of a review and aging of accounts receivable in early January 2021. It has been determined that an allowance for doubtful accounts of $16700 is needed at December 31, 2020. What amount should Swifty record as "bad debt expense for the year ended December 31, 2020? $16700 $39700 $22600 $10800