2) The Henry Company lists the following accounts on its ye ar-end trial balance: Debit Credit Accounts receivable Allowance for uncollectible accounts Sales Sales returns and allowances 186,000 1,340 594,000 33,400 The allowance for uncollectible accounts is estimated, at year end, at 5.5% of outstanding accounts receivable. (a) REQUIRED: Determine the bad debt expense reported on the year-end income statement. Assume the Henry Company estimates its uncollectible accounts at REQUIRED: 2.5% of net sales. Determine the bad debt expense reported on the year-end income statement. (b)