Compute bad debt expense for each year using:$($a$)$ the percent of sales method assuming $1\%$ of net credit sales are uncollectible; and $($b$)$ the percent of accounts receivable method assuming $10\%$ of accounts receivable are uncollectible.

Using the percent of accounts receivable method, bad debt expense for $2018$ is$?$

Data

FYE $12/31/2018$

FYE $12/31/2019$

FYE $12/31/2020$

Sales $($all on account$)$

$ $2,000,000$

$ $4,000,000$

$ $6,000,000$

Sales Discounts

None

None

$$200,000$

Accounts Receivable

$$200,000$

$$400,000$

$$600,000$

Allowance for

Doubtful Accounts

$$0$

$$10,000$

Credit

$$10,000$

Debit