The CHS Company has provided the following information:

• Accounts receivable written-off as uncollectible during the year amounted to $12,900.
• The accounts receivable balance at the beginning of the year was $290,000.
• The accounts receivable balance at the end of the year was $350,000.
• The allowance for doubtful accounts balance at the beginning of the year was $15,400.
• The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,300.
• Credit sales during the year totaled $970,000.

How much was CHS Company's bad debt expense?

Multiple Choice

• $11,800.

• $12,900.

• $14,300.

• $15,400.