The following information pertains to a company at the end of December: The company uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 12% of receivables up to 30 days past due, and 45% of receivables greater than 30 days past due. The accounts receivable balance of $13,900 consists of $10,000 not yet due, $2,900 up to 30 days past due, and $1,000 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense? Multiple Choice $400 $1,098 $1,099 $348