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Ayayai Corp. has outstanding accounts recelvable totaling $3.57 million as of December 32 and sales on credit during the year of $7.80 million. There is

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Ayayai Corp. has outstanding accounts recelvable totaling $3.57 million as of December 32 and sales on credit during the year of $7.80 million. There is a debit balance of $7500 in the allowance for doubtful accounts. If the company estimates that 2% of its accounts recelvable will be uncollectible. what will be the balance in allowance for doubtrulaccounts after the year-end adjustment to record bad debt expense? $63900 $78900 571250 . $71400

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