The beginning balance in the Allowance for Doubtful Accounts is $45192 cr.. During the year a total of $37429 of accounts were written off and $5984 of accounts previously written off were recovered. The company estimates that the ending balance in the Allowance for Doubtful Accounts should be $67544. What is the bad debt expense for the year?

Select one:

a. 37429

b. 31445

c. 53797

d. 67544