Assignment 10:2 Refer to the Metropolis Health System (MI-IS] balance sheet and statement of. revenue and expense in Chapter 28's MHS Case Study. Patient accounts receivable of $?,400,000 is shown as net of $1,300,000 allowance for bad debts {8,T00,000 - 1,300,000 = ?,400,000). (1} 'What percentage of gross accounts receivable is the allowance for bad debts? Allowance for bad debt = $1,300,000 Gross accounts receivable : $8,?00,000 Bad debt as a percentage of gross accounts receivables = {1,300,000 + 8,?00,000} X 100 = 14.94% (2} If the allowance for bad debts is raised to $1,500,000, where does the extra $200,000 go