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Loby Company ires the percenlage of ciedit sales ssethod for calculating Elod Debt Expense. The company reported $222.000 in total sales during the year. $182.000

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Loby Company ires the percenlage of ciedit sales ssethod for calculating Elod Debt Expense. The company reported $222.000 in total sales during the year. $182.000 of which were on credit. Libty has experienced bad debt losses of 7% of credi sales in prior periods. What is the estimated amount of Baad Debt Expenise tor the year

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