Would like to double check that the answer is $2,250.

Question 7 (3 points) A firm prepares the following aging table for its accounts receivable Days Amounts Estimated outstanding uncollectibles rate 1-30 days 25,000 30-60 days 30,000 5% 1% Before the adjustment, the allowance for bad debt has a credit balance of $500. Based on the table, the ending allowance for bad debt is $2,250. $3,300 O $1,250. $1,750