At Year-End,Chief Company Has a Balance of $10,000 in Accounts

Multiple Choice

At year-end,Chief Company has a balance of $10,000 in accounts receivable of which $1,000 is more than 30 days overdue.Chief has a credit balance of $100 in the allowance for doubtful accounts before any year-end adjustments.Using the aging of accounts receivable method,Chief estimates that 1% of current accounts and 10% of accounts over thirty days are uncollectible.What is the amount of bad debt expense?

A) $90.
B) $190.
C) $290.
D) $100.