Crane Ca uses the percentage of salesapproach to record bad debt expense. It estimates that 1.5% of net credit sales will become uncollectible. Credit sales are $734,000 for the year ended April 30, 2024, sales returns and allowances are $58,000, 5ales discounts are $15,000; accounts receivable are $235,600; and the aliowance for doubtful accounts has a credit balance of $4,560. (a) Prepare the adjusting entry to record bad debt expense in 2024. (Credit account tities are automotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List debit entry before credit entry.) Date Account Titles Debit Credit Apr. 30