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Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $486,000 and $1,480

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Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $486,000 and $1,480 respectively, at December 31, 2020. During 2021. Calistoga's credit sales and collections were $325,000 and $310,000, respectively, and $1,900 in accounts receivable were written off. Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is: Multiple Choice $1,765. $785 O $1.530 $880. The largest expense on a retailer's income statement is typically: Multiple Choice O Cost of goods sold. Income tax expense. Depreciation expense. Salaries and wages

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