The following information is related to December 31 2021 balances. During 2022 sales on account were $870000 and collections on account were $516000.Also during 2022 the company wrote off

The following information is related to December 31 2021 balances. During 2022 sales on account were $870000 and collections on account were $516000.Also during 2022 the company wrote off $48000 in uncollectible accounts.An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $324000.Bad debt expense for 2022 is
A)$102000.
B)$ 54000.
C)$324000.
D)$ 6000.

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