Wegner Company has provided the following information prior to a year-end bad debt adjustment: Cash sales, $150,000 Credit sales, $450,000 . Selling and administrative expenses, $110,000 Sales returns and allowances, $30,000 Gross profit, $490,000 Accounts receivable ending balance is $120,000 Sales discounts, $14,000 . Allowance for doubtful accounts credit balance, $1,400 Wegner prepares an aging of accounts receivable and the result shows that 2% of accounts receivable is estimated to be uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded? $3,800 $9,000 $2,400 $1,000