Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $104,500, allowance for doubtful accounts of $665 (credt) and sales of $925,000. If uncollectible accounts are estimated to be O 5% of sales, what is the amount of the bad debts expense adjusting entry? Multiple Choice $4,625 $4.750 $3,960 $4,825