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Panthem Dortmund Stockyard reports $911,000 in credit sales for 2018 and $806.570 in 2019. It has a $577.000 ccounts receivable blanche end of 2001, d000

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Panthem Dortmund Stockyard reports $911,000 in credit sales for 2018 and $806.570 in 2019. It has a $577.000 ccounts receivable blanche end of 2001, d000 at the end of 2018 Dortmund uses the balance sheet method to record bad debt estimation as during 2018. To manage coming more on Dortmund changed to the method at 6% during 2019 A. Determine the bad debt estimation for 2018 B. Determine the bad debt estimation for 2019. Round your answer to two decimal places C. How does the new total uncollectible amount affect net income and net accounts receivable? a. Bad debt expense is lower net income is higher and net receivables are Nigher b. Bad debt expense is lower, net income is higher, and not receivables are lower C. Bad debt expense is higher net income is lower, and not receivables are higher d. Bad debt expense is higher, net income is lower, and netreceivables are lower

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