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 tral balance reported the following selected amounts: Accounts Receivable $359,000 debit Net Sales 804,000 credit All sales are made on credit. Based on past expenience, the company estimates that 0.6% of net sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? Muitple Choice $2,694 $1.614 54.284 $4.824 $5.364