A&B Foods
Data for the Year Ended December 31, Year

A&B Foods
Data for the year ended December 31, Year 1, are presented below.
$\begin{array}{lr}\text { Sales (100\% on credit) } & \$ 2,100,000 \\\text { Sales returns } & 150,000 \\\text { Accounts receivable (December 31, Year 1) } & 420,000 \\\text { Allowance for doubtful accounts } & \\\quad \text { (before adjustment at December 31, Year 1) } & 25,000 \\\text { Estimated amount of uncollected accounts based on an aging analysis } & 75,000\end{array}$
-Refer to the figure A&B Foods.If the company uses the aging of accounts receivable method to estimate its bad debts,what amount will be reported as bad debt expense for Year 1?

A) $50,000
B) $53,000
C) $75,000
D) $78,000