Save &Exit Help Submit Mills Corporation's balance sheet included the following information: Accounts Receivable $450,000 Less: Allowance for Doubtful Accounts 60,000 $390,000 Accounts Receivable, Net of Allowance If the Allowance account had a credit balance of $25,000 immediately before the year-end adjustment for bad debts and no accounts were written-off or allowed for during the year, what was the amount of Bad Debt Expense recognized during the year? Multiple Choice $30,000 $25,000 $35,000 $60,000 4 of 10 Next