Question 11 5 pts Compute bad debt expense for each year using: (a) the percent of sales method assuming 1% of net credit sales are uncollectible; and (b) the percent of accounts receivable method assuming 10% of accounts receivable are uncollectible. Using the percent of accounts receivable method, bad debt expense for 2020 is? Data FYE 12/31/2018 FYE 12/31/2019 FYE 12/31/2020 Sales (all on account) Sales Discounts None $2,000,000 $4,000,000 None $6,000,000 $200,000 Accounts Receivable $200,000 $400,000 $600,000 Allowance for $10,000 $10,000 $0 Doubtful Accounts Credit Debit $58,000 None of the other answers is correct $60,000 $70,000 $80.000 Previous 80 a " $ 74 95 % 00 MacBook Air 96 P & 8 7 8 CC ) Next )