GK Company, a calendar year accrual basis taxpayer, made the following adjustments to its allowance for bad debts this year January 1 allowance for bad debts Actual write-offs of accounts receivable Addition to allowance at year-end December 31 allowance for bad debts $ 87,400 (78,600) 91,300 100,100 a. Compute GK's bad debt expense for financial statement purposes. b. Compute GK's tax deduction for bad debts. Complete this question by entering your answers in the tabs below. Required A Required B Compute GK's bad debt expense for financial statement purposes. Required B