M9-6 Estimating Bad Debts Using the Aging Method Assume that Simple Co. had credit sales of $250,000 and cost of goods sold of $150,000 for the period. Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for Doubtful Accounts is $1,500. The balance in the Allowance for Doubtful Accounts before the end-of-period adjustment is made is $250. What amount of bad debt expense would the company record as an end-of-period adjustment?