McNealy Corporation had a beginning and ending accounts receivable balance of $50,000 and $106,000, respectively. During the year, Mulder had credit sales of $68,000 and write-offs of $14,000. If McNealy estimates bad debt expense at 5% of credit sales, what is the bad debt expense for 2019?

Select one: a. $14,000 b. $2,500 c. $3,400 d. $5,300

2.On March 1, 2019 Suissie Company purchased a machine for $600,000. The machine was expected to have a 10-year useful life and $120,000 salvage value. If the company uses the double declining balance depreciation method, what is the correct depreciation expense for 2019?

Select one: a. $96,000 b. $120,000 c. $100,000 d. $80,000