Lemonade Company has Accounts Receivable at the beginning of the year amounting to 678,000. During the year, service revenues amounted to 580,000, of which 120,000 is rendered for cash; collections were 115,000; accounts written-off were 43,000 and out of these, 15,000 were recovered. Service discounts amounted to 24,000. As a policy, 5% of the accounts receivable is estimated to be uncollectible. How much is the Bad Debts Expense at the end of the reporting period? Pls show complete solution and correct answer pls make sure it is clearly explained thanks