The following information pertains to ABC, at the end of December: Credit Sales Accounts Payable Accounts Receivable Allowance for Uncollectible Accounts Cash Sales $ 20,000 10,000 8,500 400 credit 20,000 ABC uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 15% of receivables up to 30 days past due, and 44% of receivables greater than 30 days past due. The accounts receivable balance of $8,500 consists of $4,000 not yet due, $2,700 up to 30 days past due, and $1,800 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense? Multiple Choice o $1,077. O O $400. O $1,118 $405