The Following Information Is Related to December 31, 2013 Balances

Multiple Choice

The following information is related to December 31, 2013 balances. $\begin{array}{lr}\text { Accounts receivable } & \$ 2,100,000 \\\text { Allowance for doubtful accounts (credit) } & (180,000) \\\text { Cash realizable value } & \$ 1,920,000\end{array}$ During 2014 sales on account were $580,000 and collections on account were $344,000. Also during 2014 the company wrote off $32,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $216,000. Bad debt expense for 2014 is

A) $ 68,000.
B) $ 36,000.
C) $216,000.
D) $ 4,000.