Transit Corporation Estimates Uncollectible Accounts Using a Percentage of Outstanding

Transit Corporation estimates uncollectible accounts using a percentage of outstanding accounts receivable.After the year-end adjustment for bad debt expense was made, the company's records reflected the following information (in 000's) : $\begin{array}{ll}\text { Accounts written off } & \$ 1,600 \\\text { Collection on accounts previously written off } & 300 \\\text { Allowance for uncollectible accounts at Januady } 1 & 1,700 \\\text { Accountsreceivable at December } 31 & 100,000 \\\text { Bad debt percentage } & 1.5 \%\end{array}$ The bad debt expense for the year was

A) $1, 100
B) $1, 400
C) $1, 500
D) $3, 000