The Following Information Is from the 2019 Records of Uptown

The following information is from the 2019 records of Uptown Antique Shop: $$\begin{array} { | l | r | } \hline \begin{array} { l } \text { Accounts receivable, December 31, 2019 } \\\text { Allowance for Bad Debts, December 31,2019 } \\\text { prior to adjustment }\end{array} & 1,500 \text { (debit) } \\\hline \text { Net credit sales for 2019 } & 180,000 \\\hline \begin{array} { l } \text { Accounts written off as uncollectible during } \\2019\end{array} & 11,000 \\\hline \text { Cash sales during 2019 } & 28,000 \\\hline\end{array}$$ Bad debts expense is estimated by the percent-of-sales method. Management estimates that 3% of net credit sales will be uncollectible. The ending balance of the Allowance for Bad Debts account after adjustment will be ________.

A) $6,900
B) $4,740
C) $7,740
D) $3,900