49 4 pts H. Lange Company began operations on January 1, 2020. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows. Year 2020 a. Sold $1,345,500 of merchandise (that had cost $979,000) on credit, terms n/30. b. Wrote off $18,100 of uncollectible accounts receivable. c. Received $667.000 cash in payment of accounts receivable d. In adjusting the accounts on December 31, the company estimated that 1.70% of accounts receivable would be uncollectible Year 2021 e. Sold $1,589,300 of merchandise (that had cost $1,289,400) on credit, terms n/30 f. Wrote off $33,100 of uncollectible accounts receivable g. Received $1,276,300 cash in payment of accounts receivable. h. In adjusting the accounts on December 31, the company estimated that 1.70% of accounts receivable would be uncollectible At December 31, 2021, H. Lange estimates that 1.70% of accounts receivable will be uncollectible. What adjusting journal entry w H. Lange make on December 31, 2021? Round to the nearest dollar at all intermediate steps. Debit Bad Debt Expense $18,100; credit Allowance for Doubtful Accounts $18,100 Debit Bad Debt Expense $29,327; Credit Allowance for Doubtful Accounts $29.327 Debit Bad Debt Expense $4.758: credit Allowance for Doubtful Accounts $4,758 Debit Bad Debt Expense $37.852: credit Allowance for Doubtful Accounts $37,852 Debit Bad Debt Expense $11.227; credit Allowance for Doubtful Accounts $11,227