The following information is from the 2017 records of Armand Music Shop Accounts receivable, December 31, 2017 Allowance for Bad Debts, December 31, 2017 prior to adjustment Net credit sales for 2017 Accounts written off as uncollectible during 2017 Cash sales during 2017 42,000 (debit) 1,100 (debit) 79,000 15,000 28,000 Bad debts expense is estimated by the percent-of-sales method Management estimates that 4% of net credit sales will be uncollectible Calculate the amount of bad debts expense for 2017. OA. $7,160 OB. $6,060 O C. $5,480 O D. $8,280