26. Davis Company performs an aging analysis to determine the amount of its bad debts expense to record at the end of each year. At the end of the current year the company's aging schedule appeared as follows: Accounts Fraction estimated Receivable to be uncollectible Current receivables $11,000 1% Past-due receivables 1-30 days 1,650 2% 31-60 days 3,050 6% 61-90 days 980 25% 91+ days 630 40% Davis's Allowance for Doubtful Accounts had a credit balance of $260 before adjustment. What is the amount of Davis's bad debt expense for the year? A. $ 815 B. $ 563 C. $ 823 D. $ 1,083