At the beginning of the year, X Ltd. had a credit balance of $25000 in its allowance for doubtful accounts. During the year X. Ltd. had wrote off $20000 of accounts receivable and had recoveries of $2000. At the end of the year, using the aging method, X Ltd. determined that a balance of $66000 was required in its'allowance for doubtful accounts. What was X. Ltd.'s bad debt expense for the year? Antir Laurier Inc. had total assets at the beginning of the year of $ 4000000 and total assets at the end of the your of 5 2000000 The following contains information on Laurier Inc.'s statement of income for the year, Sales $ 1000000 Interest expense $ 19000 Income tax expense $40000 Not income $200000 Calculate Laurier Inc.'s return on assets (ROA) for the year. Express your answer as a percentage rounded to two digits (i.c. 3.84). Your