The Allowance for bad debts account has a credit balance of $9,000 before the adjusting entry for bad debt expense. After analyzing the accounts in the accounts receivable using the percentage of receivables approach, the company's management estimates that the target allowance is $14,000. What will be the balance of the Allowance for bad debts reported on the balance sheet? Select one: O $14,100 $15,900 O $15,000 O $14,900 O $14,000