Clark Company Estimated the Net Realizable Value of Its Accounts

Multiple Choice

Clark Company estimated the net realizable value of its accounts receivable as of December 31,2019,to be $165,000,based on an aging schedule of accounts receivable.Clark has also provided the following information: • The accounts receivable balance on December 31,2019 was $175,000.
• Uncollectible accounts receivable written off during 2019 totaled $12,000.
• The allowance for doubtful accounts balance on January 1,2019 was $15,000.
How much is Clark's 2019 bad debt expense?

A) $10,000.
B) $7,000.
C) $13,000.
D) $3,000.