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The Allowance for Bad Debts account has a credit balance of $3,000 before the adjusting entry for bad debts expense. The company's management estimates

The Allowance for Bad Debts account has a credit balance of $3,000 before the adjusting entry for bad debts expense. The company's management estimates that 3% of net credit sales will be uncollectible for the year 2025. Net credit sales for the year amounted to $260,000. What is the amount of Bad Debts Expense reported on the income statement for 2025? A. $7,800 B. $10,800 C. $4,800 D. $3,900

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