0.42 points MC Qu.89 As of December 31, Frappe Company. As of December 31, Frappe Company has a balance of $22,000 In accounts recelvable. Of this amount $2,200 is past due and the remainder is not yet due. Frappe has a credit balance of $215 In the Allowance for Doubtful Accounts. Frappe Company estimates Its bad debt losses using the aging of recelvables method, with estimated bad debt loss rates equal to 2% of accounts not yet due and 10% of past due accounts. How will the Bad Debt Expense account be Included In the required adjusting Journal entry at year- end? Debit of $215 O Credit of $401 O Credit of $616 Debit of $406