Giencoe Supply had the following accounts receivatile aging schedule at the end of a recent year. The balance in Glencoe allowance for doubtful accounts at the beginning of the year was $46,730 (credit). During the year, accounts in the total amount of $51,232 were written off. Requiredt: 1. Determine bad debt expense. 1 2. Prepare the journal entry to record bad debt expense. If an amount box does not require an entry, leave it blank: The balance in Glencoe allowance for doubtful accounts at the beginning of the year was $46,730 (credit). During the year, accounts in the total amount of $51,232 written off. Required: 1. Determine bad debt expense. 2. Prepare the journal entry to record bad debt expense. If an amount box does not require an entry, leave it blank. (Record adjusting entry for bad debt expense estimate) 3. If Glencoe had written off $86,000 of receivables as uncollectible during the year, how much would bod debt expense reported on the income statement have changed