On December 31 of the Current Year,a Company's Unadjusted Trial

Multiple Choice

On December 31 of the current year,a company's unadjusted trial balance included the following: Accounts Receivable,debit balance of $88,790; Allowance for Doubtful Accounts,credit balance of $1,245.What amount should be debited to Bad Debts Expense,assuming 4% of outstanding accounts receivable at the end of the current year are considered uncollectible?

A) $1,245.00
B) $3,551.60
C) $4,796.60
D) $2,306.60
E) $87,545.00