At the Beginning of 2017, Cyrus Corp

Multiple Choice

At the beginning of 2017, Cyrus Corp.'s allowance for doubtful accounts is $12,500.
During 2017, $4,250 was written off as uncollectible. At December 31, the company used an aging schedule of accounts receivable and determined that $10,530 of the accounts receivable would probably be uncollectible. What would be the bad debt expense that should be reported on Cyrus's 2017 income statement?

A) $5,720
B) $26,780
C) $2,280
D) $18,280