Question 5 2.85714 points Save Answ The largest asset on DLW's financial statements is accounts receivable. DLW, Inc. prepares its financial statements at the end of its fiscal year. which is December 31, 2019. All its sales are made on credit. At December 31, 2019, DLW's unadjusted trial balance also shows the following amounts for selected accounts. Account title Balance (Dr. or Cr.) Accounts Receivable S 600.000 Dr Allowance for Doubtful Accounts 20,000 Cr. Sales Revenue 5,000,000 Cr. Bad Debt Expense DLW has performed some analysis and has estimated that 6% of accounts receivable is uncollectible. What amount should DLW record as Bad Debt Expense for the year ended December 31, 20197 $16,000 $36.000 $0 $20,000 $300,000