Maxwell Dog Emporium had total sales of $$1,000,000$ during $2020$ of which $$100,000$ were cash sales. At December $31,2020$ the balance in Accounts Receivable was $$90,000$ and the Allowance for Uncollectible Accounts had a $$500$ credit balance. Assume that Maxwell uses the Allowance method of accounting for bad debts and estimates that bad debts will total $5\%$ of accounts receivable. What amount of Bad Debt Expense will Maxwell report for $2020?$

A$)$ $$4,000$

B$)$ $$4,500$

C$)$ $$2,700$

D$)$ $$2,200$

Refer to question $5$ above. Assume all the same facts except that Maxwell estimates bad debts as $1\%$ of credit sales. What amount of Bad Debt Expense will Maxwell report for $2020?$

A$)$ $$9,000$

B$)$ $$8,500$

C$)$ $$3,000$

D$)$ $$10,000$