20. Brooks Company uses an aging schedule to estimate uncoll…

20. Brооks Cоmpаny uses аn аging schedule to estimate uncollectible accounts. The aging schedule indicates that Allowance for Doubtful Accounts should have an ending credit balance of $12,000. Before adjustment, Allowance for Doubtful Accounts has a $1,500 debit balance.  How much Bad Debt Expense should Brooks record? 1. $10,500 2. $12,000 3. $12,500 4. $13,500 Instructions to students: Type in the number of the answer of your choice (type in either 1, 2, 3, or 4). Do not type in a decimal after inputting the number.