Wheeling Inc. uses the aging of accounts receivable method. Its estimate of uncollected receivables resulting from the aging analysis equals $5,200. At the end of the year, the balance of Accounts Receivable is $102,000 and the un-adjusted debit balance of the Allowance for Doubtful Accounts is $540. Credit sales during the year totaled $154,000. What is the estimated Bad Debt Expense for the current year?

• $5,740
• $7,240
• $4,660
• $5,200