10 pts The AFDA (Allowance for Doubtful Accounts) account has a credit balance of $5000 before the adjusting entry for uncollectibles expense. The company's management estimates that 4% of net credit sales will be uncollectible for the year Year 4. Net credit sales for the year amounted to $280,000. What is the amount of Bad Debts Expense reported on the income statement for Year 4? $16.200 $11.200 $5600 O $6200 Previous