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 Accounts receivable Allowance for uncollectible accounts Net Sales $383,000 debit 580 credit 80,000 credit All sales are made on credit based on past experience the company estimates that of net credit sales are uncollectible What amount should be dobted to Bad Debts Expense When the your and adjusting try is prepared MO