Information related to Joliet Company for 2010 is summarized below. Total credit sales Accounts receivable at December 31 Bad debts written off $1,540,000 520,000 26,000 o) What amount of bad debts expense will Jolet Company report if it uses the direct write-off method of accounting for bad debts? (b) Assume that Joliet Company decides to estimate its bad debts expense to be 2% of credit sales. What amount of bad debts expense will Joliet record f Allowance for Doubtful Accounts has a credit balance of $3,0007 (c) Assume that Joliet Company decides to estimate its bad debts expense based on 5% of accounts receivable. What amount of bad debts expense will Joliet Company record ff Allowance for Doubtful Accounts has a credit balance of $4,000 (d) Assume the same facts as in (c), except that there is a $2,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debts expense will Joliet record