6. As of January 1,2018 , Farley Co. had a credit balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley's accounts receivable have been uncollectible. During 2018, Farley wrote off $450,000 of accounts receivable. Accounts receivable at the end 2018 were $18,000,000. In its December 31,2018 , balance sheet, what amount should Farley report as allowance for uncollectible accounts? What amount should be recorded as bad debt expense