GK Company, a calendar year accrual basis taxpayer, made the following adjustments to its allowance for bad debts this year 13 1 allowance for bad debts Actual write-offs of accounts receivable Addition to allowance at year-end $ 87,600 (78,800) 91,500 $100,300 4 December 31 allowance for bad debts points 02:18:50 a. Compute GK's bad debt expense for financial statement purposes. b. Compute GK's tax deduction for bad debts. eBook 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. Bad debt expense GK Company, a calendar year accrual basis taxpayer, made the following adjustments to its allowance for bad debts this year: 13 $ 87,600 (78,800) 91,500 January 1 allowance for bad debts Actual write-offs of accounts receivable Addition to allowance at year-end 4 $100,300 December 31 allowance for bad debts points X02:18:37 a. Compute GK's bad debt expense for financial statement purposes. b. Compute GK's tax deduction for bad debts. eBook Complete this question by entering your answers in the tabs below. Required B Required A Compute GK's tax deduction for bad debts. Tax deduction Required B> Required A