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 7% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if Allowance for Doubtful Accounts has a credit balance of $2,800 before adjustment? $22,180 $22,180 $21,680 a. Bad Debt Expense Allowance for Doubtful Accounts bBad Debt Expense Allowance for Doubtful Accounts C. Bad Debt Expense Allowance for Doubtful Accounts d. Bad Debt Expense Allowance for Doubtful Accounts $21,680 $23,680 $23,680 $22,680 $22,680