A company has a credit balance of $1,500 in its allowance for doubtful accounts. The amount of credit sales for the period is $200,000, and the balance in accounts receivable is $37,500. Assume that the expected credit losses are estimated to be 9% of accounts receivable. a. What is (1) bad debt expense for the year and (2) the ending balance in the allowance for doubtful accounts? 1. Bad debt expense 2 Allowance for doubtful accounts s b. How would the answer to part a change (If at all) if the company had a debit balance of $1,500 in its allowance for doubtful accounts before any adjustment? 1. Bad debt expense 2. Allowance for doubtful accounts s