Ward Company uses the allowance method of accounting for bad debts. The following summary schedule was prepared from an aging of accounts receivable outstanding on December 31 of the current year. 
The following additional information is available for the current year:
If Ward bases its estimate of bad debts on the aging of accounts receivable, Bad Debt Expense for the current year ending December 31 is
Definitions:
Culture
The ideas, customs, social behaviors, and artifacts of a particular society, group, place, or time.
Logical
Pertaining to or characterized by clear, sound reasoning and coherent thought.
Ethnocentrism
Assessing a foreign culture purely through the lens of one's own cultural norms and values.
Cultural Competency
The ability to understand, communicate with, and effectively interact with people across cultures by acknowledging and respecting their beliefs and behaviors.
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