The data presented below for Corp is for the year ended December 31. 2015 See the data for Pharma Corp If Pharma Corp estimates its bad debt to be 1% of net credit sales, what will be the balance in the Allowance for Doubtful Accounts account after the adjustment for bad debts? See the data for Pharma Corp If Pharma Corp uses the again of accounts receivable approach to estimate its bad debts, what amount will be reported as bad debt expense for 2015? $12, 700 $13, 700 $14,000 $15, 300