Table 9-1
Ringo Company Had the Following Information Relating to Net

Table 9-1
Ringo Company had the following information relating to net credit sales for 2019:
$$\begin{array} { | c | r | c | } \hline \text { Accounts receivable, Jan. 1, 2019 } & \$ 18,000 & \text { Dr. } \\\hline \text { Allowance for doubtful accounts, } & & \\\text { Dec. 31, 2019, prior to adjustment } & 600 & \mathrm { Cr } . \\\hline \text { Net credit sales during 2019 } & 95,000 & \\\hline \text { Collections on account during 2019 } & 87,000 & \\\hline \text { Cash sales during } 2019 & 27,000 & \\\hline\end{array}$$
-Referring to Table 9-1, if uncollectible accounts are determined by the aging of receivables method to be $3,040, the bad-debt expense for 2019 would be:

A) $3,640.
B) $2,440.
C) $3,040.
D) $600.