Case B Samuda Enterprises uses the aging approach to estimate bad debt expense. At the end of the current year, Samuda reported a balance in accounts receivable of $625,000 and estimated that $12,400 of its accounts receivable would likely be uncollectible. The allowance for doubtful accounts has a $1,900 debit balance at year-end (that is, more was written off during the year than the balance in the account). Required: 1. What amount of bad debt expense should be recorded for the current year? 2. What amount will be reported on the current year's balance sheet for accounts receivable? Bad debt expense of current year Accounts receivable (net) of current year