Copper Company had a January 1, current year, balance in Allowance for Doubtful Accounts of $8,000 credit. April 15 Gida Good's account receivable of 54,700 was deemed uncollectible. July 1 Christopher Claw paid the full amount of his previously written-off account receivable. The recevable of $5,300 had been written off last year. Dec 31 Bad debt expense was estimated to be 2.0% of credit sales for the year, which were $1,475,000 Copper Company had a January 1, current year, balance in Allowance for Doubtful Accounts of $8,000 credit. April 15 Gida Good's account receivable of 54,700 was deemed uncollectible. July 1 Christopher Claw paid the full amount of his previously written-off account receivable. The recevable of $5,300 had been written off last year. Dec 31 Bad debt expense was estimated to be 2.0% of credit sales for the year, which were $1,475,000