The following information is available for Max Company: Allowance for doubtful accounts at December 31, 2021 8,000 Credit sales during 2022 400,000 Accounts receivable deemed worthless and written off during 2022 9,000 As a result of a review and aging of accounts receivable in December 2022, however, it has been determined that an allowance for doubtful accounts of 5,500 is needed at December 31, 2022. What amount should Max record as "bad debt expense" for the year ended December 31, 2022? a. 4,500 b. 5,500 c. 6,500 d. 13,500