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? 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? $1,925 $2,625 $2,275 $73,500