I dont get it. I get 32000 when multiplying 800000 x .04.

udure.com/cnurses/9534/assignments/129359 BOther booke Game Over Video G. Peroges And Saus Piercgi Heaven, Chi Kennels EE Pnk Floyd Day Tom.. Current Attempt in Progress RyTronics uses the percentage of receivables method for estimating bad debts expense. The Accounts Receivable balance is $100,000 at year-end and the total credit sales were $800,000. Management estimates that 4 % of receivables will be uncollectible What adjusting entry will be recorded if the Allowance for Doubtful Accounts has a credit balance of $800 before adjustment? 3.200 Bad Debts Expense 3,200 Accounts Receivable 4,000 Bad Debts Expense 4,000 Allowance for Doubtful Accounts 3,200 Bad Debts Expense Allowance for Doubtful Accounts 3.200 Allowance for Doubtful Accounts Bad Debt Expense 4,000 4.000 Sunik A Attemats: 0 of 1 used