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On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of 3.500 and $2.250. During 2022 Coolwear wrote of $950 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $4.200 t December 31, 2022. Bed debt expense for 2022 would be: Multiple Choice o 57,400. o O s2 . o O sasoo. o At the end of the year, a company reports a balance in its Allowance for Uncollectible Accounts of $1,300 (credit before any year-end adjustment. The company estimates future uncollectible accounts to be 3% of credit sales for the year. Credit sales for the year total $284,000. Record the adjustment for the allowance for uncollectible accounts using the percentage-of-credit-sales method. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the bad debt expense. Note: Enter debits before credits Event General Journal Debit Credit Clear entry View general journal