At the end of 2018, we have a debit balance of $10,000 in allowance for doubtful accounts before the adjusting entry for bad debts expense. After analyzing the accounts in the accounts receivable using the aging-of- receivables method, the company's management estimates that uncollectible accounts will be $30,000. What will be the amount of Bad Debts Expense reported on the income statement? O $10,000 O $20,000 O $30,000 O $40,000 Question 10 4 On July 1, 2017 our company accepts a 9 month, 5% note for $12,000, what is the dollar amount interest revenue for 2017 for this note? $450 O $350 O $300 O $600