s of January 1, 2021, Barley Co. had a credit balance of $527,000 in its allowance for uncollectible accounts. Based on experience, 1% of Farley's gross accounts receivable have been uncollectible. During 2021, Farley wrote off $657,000 of accounts receivable. Barley's gross accounts receivable as December 31, 2021 is $18,350,000 How much bad debt expense should Barley record for 2021? Multiple Choice $53,500 $13.500 O $13,500 O $710,500