At the beginning of 2017, Smoothie Town, Inc, has the following account balance: Account debit allowance $44,000(Debit) Allowance for bad Debits $7,000(Credit) During the credit, sales $820,000. Cash collected on credit sales was $750,000, and $18,000 was written off. Smoothie town uses the aging-of-receivable method of record bad debts expense. The amount estimated as uncollectable was $26,000. The amount of Bad Debits Expense for 2017 is Select one: $11,000 $37,000 $8 000 $20,000 none of the above What is the maturity value of a 3-month, 14% note for $50,000?(Round any intermediate calculation to two decimal places, and your final answer to the nearest dollar) Select one: $52,000 $50,000 $57,000 $51, 750 none of the above