Entries for bad debt expense under the direct write-off and allowance methods Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31 : The company prepared the following aging schedule for its accounts recelvable on December 31 : a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it blank: a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it blank. Thation, mon Under the direct wite-off method, Bad Debt Expense is recorded when the customer's account is determined to the northinss and written calf there is no adjusting entoy at year-end to recors estimated bad debt- b. Journalize the write-offs and the year-end adjusting entry under the allowance method, assuming that the allowancie sccount had a beginning balance of s88, 100 -and the company uses the analysis of receivables method. If an amount box does not requite an entry, leave it blank. Fecthac* 7 Cood My work Under the allowance method once a customer account is identified as uncollectiole, it is written of against the allowance account C. How much higher (ilower) would Seaforth International's net income have been under the allowance method than under the direct wrife-off method