15 3 out of Maine Corporation's unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable $850,000 Allowance for Doubtful Accounts 18,0000 Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? question Select one: a. $42,500 o b. $24,500 C. $18,000 d. The answer does not exist e. $41,600 n 16 The relationship of current assets to current liabilities is used in evaluating a company's d out of question Select one: a. long-range solvency. b. operating cycle. C. The answer does not exist O d. short-term debt paying ability. e. revenue-producing ability