A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: $385,000 debit Accounts receivable Allowance for uncollectible accounts Net Sales 600 credit 900,000 credit All sales are made on credit. Based on past experience, the company estimates that 0.4% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? Multiple Choice O $3,080 $3,600 O O $1.030 O $1,630 $4,280 O