Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $364,000 and credit sales are $1,000,000. 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 $2,800 before adjustment? Select the correct answer. $14,400 $14,400 $16,400 $16,400 O Bad Debt Expense Accounts Receivable O Bad Debt Expense Allowance for Doubtful Accounts O Bad Debt Expense Allowance for Doubtful Accounts O Bad Debt Expense Accounts Receivable $15,400 $15,400 $14,900 $14,900