Loo Co. uses the allowance method to account for bad debts. At the arid of the year, Leo Co's accounts receivable balance is $25,000 allowance for doubtful eccounts balance of $100 (debit balence) and sales of $500.000. Based on history, Leo estimates thel bed debts will be 2% of accounts receivable The entry to record estimated bad debts will inclucle a debit to Bad Debts Expense in the amount of