The following information is related to December 31, 2021 balances.

	Accounts receivable	$3465000
	Allowance for doubtful accounts	297000
	Cash realizable value	3168000

During 2022 sales on account were $957000 and collections on account were $567600. Also, during 2022 the company wrote off $52800 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $356400. Bad debt expense for 2022 is:

$112200.

$59400.

$356400.

$6600.

The following information related to December 31, 2021 balance Accounts receivable $3465000 . Allowance for doubtful accounts 297000 Cash realicable value 3168000 During 2022 sales on account were $957000 and collections on account were $567600. Also, during 2022 the company wrote off $52800 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bud debts should be estimated at $956400. Bad debt expense for 2022 is: $112200 559400 5356400 56600