For the Year Ended December 31, 2007, Colt Co After Year-End Adjustment, the Uncollectible Accounts Expense for 2007 Should

For the year ended December 31, 2007, Colt Co.estimated its allowance for uncollectible accounts using the year-end aging of accounts receivable.The following data are available: $\begin{array} { l } \text {Allowance for uncollectible accounts, \( 1 / 1 / 07 \) }&\$56,000\\ \text { Provision for uncollectible accounts during 2007 }&\\ \text {\( (2 \% \) on credit sales of \( \$ 2,000,000) \) }&40,000\\ \text { Uncollectible accounts written off, \( 11 / 30 / 07 \) }&46,000\\ \text { Estimated uncollectible accounts per aging. 12/31/07 }&69,000\\\end{array}$
After year-end adjustment, the uncollectible accounts expense for 2007 should be

A) $46,000.
B) $62,000.
C) $69,000.
D) $59,000.