At the beginning of 2019, Patriots, Inc. has the following account balances: Accounts Receivable $45,000 (Debit Allowance for Bad Debts Bad Debts Expense $8,000 (Credit) SO During the year, credit sales amounted to $810,000. Cash collected on credit sales amounted to $770,000, and $18,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 3.5%. The amount of bad debts expense for 2019 is O A. $28,350 O B. $18,350 OC. $18,000 D. $56,875 On January 1, Five Star Services has the following balances: Accounts Receivable $28,000 (debit) Bad Debts Expense SO Five Star Services has the following transactions during January: Credit sales of $130,000, collections of credit sales of $88,000, and write - offs of $17,000. Five Star Services uses the direct write off method. At the end of January,the balance of Accounts Receivable is O A. $70,000 O B. $25,114 OC. S53.000 OD. $11,508 Accounts Receivable has a balance of S30,000, and the Allowance for Bad Debts has a credit balance of S3,200. The allowance method is used. What is the net realizable value of Accounts Receivable before and after a $2,500 account receivable is written off? OA. $26,800 $24,300 OB. S24.300,$29,300 OC. S26,800,$26,800 D. $24,300: $24,300