Sunland Company prepared an aging of its accounts receivable at December 31, 2020 and determined that the amount expected to be collected was $898500. Additional information is available as follows:

Allowance for uncollectible accounts at 1/1/20credit balance $102000

Accounts written off as uncollectible during 2020 69000

Accounts receivable at 12/31/20 976500

Uncollectible accounts recovered during 2020 14700

For the year ended December 31, 2020, Sunland's bad debt expense would be

$78000.

$47700.

$30300.

$69000.