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Saved am 0 Flyer Company has provided the following information prior to any year-end bad debt adjustment: Help Save Cash sales, $157,000 Credit sales, $457,000

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Saved am 0 Flyer Company has provided the following information prior to any year-end bad debt adjustment: Help Save Cash sales, $157,000 Credit sales, $457,000 Selling and administrative expenses, $117,000 Sales returns and allowances. $37,000 . Gross profit, $497,000 Accounts receivable, $175,000 Sales discounts. $21.000 Allowance for doubtful accounts credit balance, $1,900 Flyer estimates bad debt expense assuming that 2.5% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded? Multiple Choice O $13,325 0 $9,525 0 SHA25 $11.450

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