QUESTION 14 Samuel Company has provided the following information prior to any year and bad debt women Cash sale $150.000 Credit sales, $450,000 Selling and administrative expenses, $110,000 Sales returns and allowances $30.000 Gross profit. $490.000 Accounts receivable, $110.000 Sales discounts. $14,000 Allowance for doubtful accounts has a debit beginning balance, $1.200 Samuel prepares an aging of accounts receivable and the result shows that 5 of accounts receivable is estimated to be uncollectible al Accounts Receivable are between 0-30 days old). How much is bad debt expense? a: 56,700 b. 54,300 O c. $4,240 Od. $5,500