Question: Question 1 (1 point) Maple Co. provides for bad debts expense at the rate of 2.61% of credit sales for the period. On Jan

Question 1 (1 point) Maple Co. provides for bad debts expense at

Question 1 (1 point) Maple Co. provides for bad debts expense at the rate of 2.61% of credit sales for the period. On Jan 1, 20X1, the Allowance for Bad Debts was $9,000. There were $16,000 of accounts written off during the year. Credit sales for the year were $735,000. What is this year's bad debt expense?

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