Using the following information:

During $2027,$ sales on account were $$144700$ and collections on account were $$99800.$ Also during $2027,$ the company wrote off

$$4030$ in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts

should be estimated at $$41000.$

Bad debt expense for $2027$ is

$$10030.$

$$4030.$

$$41000.$

$$30970.$