Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receiwable of $112.500, allowance for doubtful accounts of $745 credit and sales of $965 000.H u collectible accounts are estimated to be 09% of sales, what is the amount of the bad debts expense adjusting entry? Multiple Choice $8.685 $7,940 $9,430 $8,830 $8885