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Question 2 of 3 -/15 E View Policies Current Attempt in Progress Information on Wildhorse Company for 2021 follows: Total credit sales $900,000 Accounts receivable at December 311 36,000 Uncollectible accounts written off 16,600 2.400 Amount collected on accounts previously written off (after write off but before year end) Assume that Wildhorse Company decides to estimate its uncollectible accounts using the allowance method and an aging schedule. Uncollectible accounts are estimated to be $23,000. What amount of bad debt expense will Wildhorse Company record if Allowance for Doubtful Accounts had an opening balance of $18,800 on January 1, 2021? Bad debt expense $ Assume that Wildhorse Company decides to estimate its uncollectible accounts using the allowance method and estimates its bad debt expense at 2.50% of credit sales. What amount of bad debt expense will Wildhorse Company record if Allowance for Doubtful Accounts had an opening balance of $18.800 on January 1, 2021? Bad debt expense Assume the same facts as in part (a) except that the Allowance for Doubtful Accounts had a $12.200 balance on January 1, 2021. What amount of bad debt expense will Wildhorse record on December 31, 2021? Bad debt expense