A Company's Allowance for Doubtful Accounts Is $4,000 and $3,000

Multiple Choice

A company's allowance for doubtful accounts is $4,000 and $3,000 on 1/1/18 and 1/1/17, respectively. During 2017, bad debt expense was estimated to be 6% of net credit sales of $100,000. During 2017, the amount of accounts written off as uncollectible amounts to

A) $6,000.
B) $7,000.
C) $5,000.
D) $4,000.