Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $390,000 and credit sales are $1,300,000. An aging of accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? Bad Debt Expense 17,000 Allowance for Doubtful Accounts 17,000 O Bad Debt Expense 19,500 Allowance for Doubtful Accounts 19.500 Bad Debt Expense 22,000 Allowance for Doubtful Accounts 22,000 Bad Debt Expense 65,000 Allowance for Doubtful Accounts 65,000