Zara's Outfits has a store in Dixie Outlet Mall. Zara's Outfits specializes in high class ladies fashions and sells complete outfits for a uniform price of $75 each. The sales budget for 2007 was to sell 6,000 outfits. If the sales were all made for cash, the bad debt expense would be *

2% of the sales value

2% of the cost of goods sold

2% of $75,000

2% of 6,000

O zero