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Question 6 of 15 0/1 E View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Swifty Corporation has outstanding accounts receivable totaling $6.45 million as of December 31 and sales on credit during the year of $22.6 million. There is also a credit balance of $11500 in the allowance for doubtful accounts. If the company estimates that 6% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense recognized for the year? $387000. O $398500. O $1356000. O $375500. Question 13 of 15 > 0 / 1 View Policies Show Attempt History Current Attempt In Progress * Your answer is incorrect. Sheridan Company accepted a customer's $100400 zero-interest-bearing six-month note in a sales transaction. The product sold normally sells for $92000. If the sale was made on June 30, how much interest revenue from this transaction would be recorded for the year ending December 31? $10040 O $O. 0 $4200. O $8400