Bad Debt Expense: Percentage of Credit Sales MethodBradford Plumbing had the following data for a recent year:Bradford estimates that $2\mathrm{.}4\%$ of credit sales will eventually

default.Required:$1.$Compute bad debt expense for the

year$($rounding to the nearest whole

number$).$

$fill in the blank $12.$Determine the ending balances in

accounts receivable and allowance for doubtful accounts.