Help Save & Exit Submit 8 Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $128,500, allowance for doubtful accounts of $905 (credit) and sales of $1,045,000 If uncollectible accounts are estimated to be 0.7% of sales, what is the amount of the bad debts expense adjusting entry? 8 01 16:03 Multiple Choice $7.315