7. Use the following information for questions 7 and 8. A trial balance before adjustments included the following: Debit Credit Sales 425,000 Sales returns and allowance 14,000 Accounts receivable 43,000 Allowance for doubtful accounts 760 7- If the estimate of uncollectible is made by taking 2% of net sales, the amount of the adjustment is: (1 Point) 6.700 8220 8.500 9.740 8. If the estimate of uncollectible is made by taking 10% of gross account receivables, the amount of the adjustment is: (1 Point) 3.540 O 4300 4224 5,060