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Thiel LLC uses the percentage - of - receivables basis for estimating uncollectible accounts and estimates their uncollectible accounts are $ 2 , 2 7

Thiel LLC uses the percentage-of-receivables basis for estimating uncollectible accounts and estimates their uncollectible accounts are $2,275. The current balance in Thiel
LLC's Accounts Receivable is $73,500 and there is a balance in the Allowance for Doubtful Accounts of $350 prior to adjustment. What is Thiel LLC's bad debt expense?
$73,500
$1,925
$2,625
$2,275
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