This is a graded discussion: 10 points possible Aue Duve 201 [Post First Discussion] Module 1 Post Enter "Your Name/Module 1" in the Text Box This is a required activity. You must post before viewing other student's posts. Answer the lead question. Additionally, expand the discussion by posting two responses to your peers' posts. Instructor Lead Question As the accountant for Clean Air Controls, you attend a meeting with the sales managers to discuss credit policies. At the meeting, you report that bad debts expense for the year is estimated to be $85,000 and account receivables at year end is $1,500,000 less a $57,000 allowance for doubtful accounts. Arthur Levitt, a sales manager, asks why bad debts expense and the allowance are not the same amount. Required 1. Write a professional email explaining this concept to Arthur. The company estimates bad debts expense as 3% of sales entries or author Unread 17