The following information pertains to a company at the end of December: Credit Sales Accounts Payable Accounts Receivable Allowance for Uncollectible Accounts Cash Sales $ 20,000 10,000 10,200 400 credit 20,000 The company uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 11% of receivables up to 30 days past due, and 46% of receivables greater than 30 days past due. The accounts receivable balance of $10,200 consists of $7,000 not yet due, $2,000 up to 30 days past due, and $1,200 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense? Multiple Choice $663 $862 $400 $220