Multiple Choice Question 98 Marigold Corp. has outstanding accounts receivable totaling $6.58 million as of December 31 and sales on credit during the year of $24.7 million. There is also a credit balance of ' accounts. If the company estimates that 6% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense the allow $ 1482000. O $382800. $406800. $394800. Click if you would like to show work for this question: geenshotVbk Question Attempts: 0 of i usedSAVE FOR LATEn answer this question correctly in vour first attemspt